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Calculating Compound Interest

Last updated over 8 years ago

6 Nsɛmmisa

1

Asemmisa {{asɛmmisaAhyɛnsode}}

1.

Mandy invests $800 today in an account earning 6%. How much will it be worth in 5 years?

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1

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1

1

Asemmisa {{asɛmmisaAhyɛnsode}}

2.

Mandy invests $800 today in an account earning 6%. How much will it be worth in 10 years?

Asemmisa {{asɛmmisaAhyɛnsode}}

3.

Mandy invests $800 today in an account earning 6%. How much will it be worth in 20 years?

Asemmisa {{asɛmmisaAhyɛnsode}}

4.

Ryan invests $500 today in an account earning 4%. How much will it be worth in 5 years?

Asemmisa {{asɛmmisaAhyɛnsode}}

5.

Ryan invests $500 today in an account earning 4%. How much will it be worth in 10 years?

Asemmisa {{asɛmmisaAhyɛnsode}}

6.

Ryan invests $500 today in an account earning 4%. How much will it be worth in 20 years?