Ask a New Question

How much money would you have to invest at 8% compounded semiannually so that the total investment has a value of $2,280 after one year?

1 answer

P(1 + .08/2)^(2*1) = 2280
P = 2108.00

Similar Questions

how much money should you invest now to have 6000 in 11 years if you invest the money at a rate of 11.1%. compounded
1. 1 answer
how much money should you invest now to have 7000 in 11 years if you invest the money at a rate of 9.3%. compounded semiannually
1. 1 answer
how much money should you invest now to have 5000 in 11 years if you invest the money at a rate of 9.4%. compounded semiannually
1. 1 answer
Jason Printing has $85,000 to invest. They can invest in Wilder Revenue at 10% compounded semiannually or at Cheapskate
1. 1 answer

more similar questions