kdr18702Compound Interest With Years

# kdr18702Compound Interest With Years - End Of One Year...

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Interest Periods Per Year Dollars Returned At The [4, 12, 360] 4 Number of Years Invested 4 Dollars Invested \$1,000.00 \$2,000.00 \$3,000.00 \$4,000.00 Interest Paid 5.50% \$1,244.21 \$2,488.42 \$3,732.63 \$4,976.84 6.00% \$1,268.99 \$2,537.97 \$3,806.96 \$5,075.94 6.50% \$1,294.22 \$2,588.44 \$3,882.67 \$5,176.89 7.00% \$1,319.93 \$2,639.86 \$3,959.79 \$5,279.72 7.50% \$1,346.11 \$2,692.23 \$4,038.34 \$5,384.46 8.00% \$1,372.79 \$2,745.57 \$4,118.36 \$5,491.14 8.50% \$1,399.95 \$2,799.90 \$4,199.86 \$5,599.81 9.00% \$1,427.62 \$2,855.24 \$4,282.86 \$5,710.49 9.50% \$1,455.80 \$2,911.61 \$4,367.41 \$5,823.21 10.00% \$1,484.51 \$2,969.01 \$4,453.52 \$5,938.02 When money is deposited into a savings account interest is paid at pre-arranged intervals. Daily method to study the differences between Quarterly [4], Monthly [12] and Yearly [360] etc. is to or interest periods paid per year. We isolate so we can change quickly and study the results.

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Unformatted text preview: End Of One Year \$5,000.00 \$6,000.00 \$7,000.00 \$8,000.00 \$9,000.00 \$10,000.00 \$6,221.05 \$7,465.26 \$8,709.47 \$9,953.68 \$11,197.89 \$12,442.11 \$6,344.93 \$7,613.91 \$8,882.90 \$10,151.88 \$11,420.87 \$12,689.86 \$6,471.11 \$7,765.33 \$9,059.56 \$10,353.78 \$11,648.00 \$12,942.22 \$6,599.65 \$7,919.58 \$9,239.51 \$10,559.43 \$11,879.36 \$13,199.29 \$6,730.57 \$8,076.69 \$9,422.80 \$10,768.91 \$12,115.03 \$13,461.14 \$6,863.93 \$8,236.71 \$9,609.50 \$10,982.29 \$12,355.07 \$13,727.86 \$6,999.76 \$8,399.71 \$9,799.66 \$11,199.62 \$12,599.57 \$13,999.52 \$7,138.11 \$8,565.73 \$9,993.35 \$11,420.97 \$12,848.59 \$14,276.21 \$7,279.02 \$8,734.82 \$10,190.62 \$11,646.42 \$13,102.23 \$14,558.03 \$7,422.53 \$8,907.03 \$10,391.54 \$11,876.04 \$13,360.55 \$14,845.06 ly, Monthly, Quarterly etc. A isolate the "compounding"...
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## This note was uploaded on 04/15/2008 for the course COMP 100 taught by Professor Cook during the Spring '08 term at CSU Northridge.

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kdr18702Compound Interest With Years - End Of One Year...

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