







Compound interest 
20130510 

Kyla pose la question : I am doing correspondents and cannot figure out how to explain the solution to this question, I do not understand how they came to this answer and need it explained step by step so I can complete the following questions in this unit, please help!!!
Calculating compound Interest
Johnny invest $800 that pays 8% compounded quarterly for 5 years. How much is the investment worth at the end of the 5th year? Penny Nom lui répond. 





25 billion dollars 
20110826 

Bill pose la question : If you have $25billion dollars, what would the value of this amount become if you inflated it at 4% per year for 55 years?=C2=A0 My TVM calculator will not go this high. Penny Nom lui répond. 





A loan 
20100616 

melody pose la question : LOAN: 1000
TERM: 2 years
INTEREST: 2% (per month)
AMOUNT: ???
what is he formula of solving this and what is the answer.. Robert Dawson lui répond. 





Compound interest 
20100601 

Kenneth pose la question : Hello:
I have a question regarding the following compound interest and future value
calculation.
Year 1 P + rP equals balance after the first year.
Year 2 (P + rP) + r(P + rP) equals balance after the second year.
Year 3 ? equals balance after the third year.
This question is in two parts.
1. What would follow for year three?
2. I know that a pattern will develop. What will it be so that I can determine
the extended pattern for following years ? Penny Nom lui répond. 





Compound interest 
20100421 

Kenneth pose la question : Let's say that an investor has $1000.00 to invest for 3 years at a rate of 5% at
compound interest. Here is the formula:
M = 1000(1 + 0.05)^3 = $1157.62
If I want to change 1000(1 + 0.05) to (1000 + 0.05*1000) three times in a
calculation instead of using (1 +0.05)^3, how would this be done?
I cannot get (1000 + 0.05*1000) + (1000 + 0.05*1000) + (1000 + 0.05*1000) to
equal $1157.62.
I know that 1000(1.05)(1.05(1.05) will produce the answer, but I want to try to
use the above nonfactored calculation. Penny Nom lui répond. 





Compound interest 
20100227 

Allison pose la question : Have $1000.00 in saving account compound annual interest rate 6%
please calculate what it is worth 3 years, 5 years and 10 years? Tyler Wood lui répond. 





Saving for his daughter's education 
20090115 

George pose la question : To save for his daughter’s university education at the end of each month Mr McLean sets aside £50 in a savings scheme paying 10% p.a. compounded monthly. He begins saving when his daughter is 3 years old. How much will he have saved by the time his daughter is 18? Harley Weston lui répond. 





Compound interest 
20090102 

maninder pose la question : at what rate % compound interest per annum will be rs. 640 amount to rs. 774.40 in 2 years. Penny Nom lui répond. 





Interest compounded monthly 
20081213 

ameeta pose la question : joanna invest 500 dollars. She received 6 percent interest compounded monthly. how much interest did she earn with this investment after 3 years.
the answer i calculated out to be was 90 dollars but could you please show me the steps. Robert Dawson and Penny Nom lui répond. 





A 5% raise each year for 20 years 
20080913 

marie pose la question : In his first year, a math teacher earned 32,000. Each successive year, he earned a 5% raise. How much did he earn in his 20th year? What were his total earnings over the 20year period Stephen La Rocque lui répond. 





Interest compounded daily for 6 months 
20080618 

Cheryl pose la question : Compounded interest daily on cd.....$1,000.00 at 2.53% for 6 months. How much will this CD earn? Penny Nom lui répond. 





Compound interest 
20070711 

Michelle pose la question : Present Value of $1500 to be paid in Year 7, with an interest rate of 12% Stephen La Rocque lui répond. 





Paying off a debt 
20070426 

Ema pose la question : How would you enter a formula in Excel for the following:
payment is applied to principal balance, then 8% interest
compounded daily, then .25% monthly penalty Stephen La Rocque and Penny Nom lui répond. 





Compound interest 
20070320 

cos pose la question : how much would $2000 be at the end of 1 yr. at a daily compounded interest rate of 3% be? the 3% is not yearly but daily. thank you very much for your help!! Penny Nom lui répond. 





Compound daily interest 
20070127 

Sharon pose la question : calculate the return on $20,000 for 3 years at an interest rate of 8% that compounds daily. Stephen La Rocque lui répond. 





Compound interest 
20060601 

Kerem pose la question :
Question: Quing deposits $40 at the end of each month into a savings account. If the money earns 4% annum compounded monthly, how much money is in the account at the end of 24 months?
and
Calculate the present value of an annuity, if $150 payments are to be made monthly for 4 years and the interest rate is 9% per annum compounded monthly.
Natasha Glydon and Penny Nom lui répond. 





Compound Interest Formula and explanation 
20060414 

Michelle pose la question : Currently there is $10,000 in a customer's savings account that earns 4% interest compounded annually.
How much interest will the customer earn in a year? Stephen La Rocque lui répond. 





$24,000 investment at 5% daily interest 
20051221 

Gary pose la question : My friend is a professional day trader on the stock exchange. He claims that he can take a $24,000 investment at 5% daily interest and at the end of 3 years have approximately 34 million dollars. Can this be correct? Penny Nom lui répond. 





Future value 
20020627 

Susan pose la question : If one were to invest $115 a month for 20 years and expect a 4% annual return, what is the value of this money in 20 years? Leeanne Boehm lui répond. 





Compound interest 
20010411 

A student pose la question : What principal will grow to $1367.10 after 1 year at 10% compounded semiannually? Claude Tardif and Penny Nom lui répond. 





Interest compounded daily 
20000403 

Debbie Bracken pose la question : How do I figure interest that is compounded daily? 8% compounded daily. Penny nom lui répond. 





Compounding continuously 
20000321 

Gina pose la question : You deposit $1500 in an account that pays 6.5% annual interest, compounded continuously. Find the balance after 10 years. I'm not sure what to do with the "compounded continuously" part. Penny Nom lui répond. 





Compound Interest 
19990701 

Kim Palmer pose la question : In early 1997, my son borrowed $4831 at 7.5%. He has made 30 monthly payments of $130 each. He is now in a position to pay off the balance. What is his remaining principal? Penny Nom lui répond. 

