Ask a New Question

Question

At what rate compounded semi-annually will RM2000 become RM 3500 in five years
3 years ago

Answers

oobleck
2000(1 + r/2)^(2*5) = 3500
r = 0.11511 = 11.511%
3 years ago

Related Questions

What interest rate, compounded monthly, would you need to be paid in order to grow a $2000 investmen... What interest rate, compounded weekly, would you need to be paid in order to grow an $8000 investmen... $18,500 at 4.5% compounded semiannually for 5 years 6%pa compounded semi-annually Principal-$6000 I need to find out how many interest periods for the... compounded- what would be the amount of compound interest on $12,000 invested for one year at 6%, co... 25000 at 7% compounded semi anually for 10 years. How much is $20,000 compounded annually at 6% for 35 years? Thank you. Please show solution what is the rate compounded every 3 months that will make $4770 become $8233 in 3 years ? What is the rate compounded monthly which a perpetuity will pay $600 every month if it has a present... What is k2,166.5 compounded annually at 12.25 percent. In three years
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use