Compound Interest With Years

Compound Interest With Years - or interest periods paid per...

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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 6.00% 6.50% 7.00% 7.50% 8.00% 8.50% 9.00% 9.50% 10.00% 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
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Unformatted text preview: or interest periods paid per year. We isolate so we can change quickly and study the results. End Of One Year $5,000.00 $6,000.00 $7,000.00 $8,000.00 $9,000.00 $10,000.00 y, 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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Compound Interest With Years - or interest periods paid per...

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