## Calculate How Much Interest You will have Earned

Answer for Calculate How Much Interest You will have Earned for \$1 (Instant Download)

Calculate how much interest you will have earned if you save \$300 per month for 20 years at 8% interest compounded monthly?

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## Finance Questions

Finance Questions in \$10 only

1. How long does it take for the following to happen? \$450 grows into \$725.50 at 12% compounded monthly.

2. How long does it take for the following to happen? \$5,000 grows into \$6724.44 at 10% compounded quarterly.

3. How long does it take for the following to happen? \$856 grows into \$1,122 at 7%.

4. The Lexington Property Development Company has a \$10,000 note receivable from a customer due in three years. How much is the note worth today if the interest rate is 18% compounded monthly?

5. The Lexington Property Development Company has a \$10,000 note receivable from a customer due in three years. How much is the note worth today if the interest rate is 7% compounded continuously?

6. The Lexington Property Development Company has a \$10,000 note receivable from a customer due in three years. How much is the note worth today if the interest rate is 9%?

7. What interest rates are implied by the following lending arrangements? You borrow \$500 and repay \$555 in one year

8. What interest rates are implied by the following lending arrangements? You lend \$750 and are repaid \$1,114.46 in five years with quarterly compounding.

9. What will a deposit of \$4,500 left in the bank be worth under the following conditions: Left for five years at 8% compounded quarterly?

10. What will a deposit of \$4,500 left in the bank be worth under the following conditions: Left for six years at 10% compounded semi-annually?

Answer available.

Price of Answer: Just US\$10 only (With Excel Sheet)

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