Liam invests 8000
Web08. okt 2024. · Liam invests $2000 every year for 40 years at 10% interest, which is reinvested as it is earned. After 40 years, what is the approximate value of Liam's investment? See answer Advertisement Advertisement yaramohamad18082007 yaramohamad18082007 Answer: $90,518. 51. Explanation: WebInvestment If $8000 is invested in an account earning 4% interest compounded monthly, how much… A: Given, PrincipalP=$8000Time(t)=7 yearsrater=4% compounded monthly question_answer
Liam invests 8000
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WebLiam invests £8000 in a savings account for 4 years. The savings account pays compound interest at a rate of: 4.5 % for the first year, 2.75 % for all subsequent years.Work out the value of Liam’s investment at the end of 4 years. Please help i don't understand WebTo calculate interest: $100 × 10% = $10. This interest is added to the principal, and the sum becomes Derek's required repayment to the bank one year later. $100 + $10 = $110. Derek owes the bank $110 a year later, $100 for the principal and $10 as interest.
Web22. apr 2024. · 14 Liam invests 8000 in a savings account for 4 years. The savings account pays compound interest at a rate of. 4.5 % for the first year 2.75 % for all subsequent years. (a) Work out the value of Liams investment at the end of 4 years. ... Max invests some money in a savings bond. The savings bond pays interest at a rate of 2% per year. Web06. okt 2024. · Bongiwe invests R12000 in a savings account at 6,5% per annum compound interest.Calculate how much there will be in the savings account after 5 years; …
Web27. maj 2024. · Answer: 9068.84. 8000 * 1.045 =8360'8360' * 1.02753. Liam invests £8000 in a savings account for 4 years.The savings account pays compound interest at a rate …
Web23. okt 2024. · liam invests $8000 in a savings account for 4 years. the savings account pays compound interest at a rate of 4.5% for the first year. 2.75% for all subsequent years. work out the value of liam's investment at the end of 4 years. asked by guest on Oct 23, 2024 at 3:28 am.
WebLiam invests £8000 in a savings account for 4 years. The savings account pays compound interest at a rate of 4.5% for the first year 2.75% for all subsequent years. (a) Work out … body renewal fredericton nbWebIf you were to gain 10% annual interest on $100, for example, the total amount earned per year would be $10. At the end of the year, you’d have $110: the initial $100, plus $10 of … body renewal health frederictonWebIf you were to gain 10% annual interest on $100, for example, the total amount earned per year would be $10. At the end of the year, you’d have $110: the initial $100, plus $10 of interest. After two years, you’d have $120. After 20 years, you’d have $300. body renewal massage therapy stony plainWebFacebook body renewal stony plainWeb15. dec 2024. · Liam chooses an investment plan that requires him to make an initial investment of $8,000. Then he contributes equal monthly investments of $300 for the next 10 years. ... Y= the amount in dollars that Liam has invested. Now , Amount invested = Initial investment + (Monthly investment) x ( number of months) Y = 8000 + 300x. … body renewal puyallupWeb4 Liam invests £8000 in a savings account for 4 years. The savings account pays compound interest at a rate of 4.5 % for the first year 2.75 % for all subsequent years. (a) Work out the value of Liam’s investment at the end of 4 years. £..... (3) Max invests some money in a savings bond. The savings bond pays interest at a rate of 2% per year. glenn heights car accident lawyer vimeoWeb12 *P46910A01224* 14 Liam invests 8000 in a savings account for 4 years. The savings account pays compound interest at a rate of DO NOT WRITE IN THIS AREA. 4.5 % for the first year 2.75 % for all subsequent years. (a) Work out the value of Liams investment at the end of 4 years. DO NOT WRITE IN THIS AREA body renew anchorage