SOLUTION: How to calculate 10% over 5 years, 15% for 3years and 5% for 10years

Question 261435: How to calculate 10% over 5 years, 15% for 3years and 5% for 10years
Found 2 solutions by drk, checkley77:
Answer by drk(1908) (Show Source): You can put this solution on YOUR website!
Not sure what equation to use, but lets say

---
10% over 5 years

---
15% for 3 years

---
5% for 10 years

Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
LET X BE THE AMOUNT INVESTED:
10% over 5 years,
X(1+.10)^5
X(1.10)^5
1.61X ANS
15% for 3 years
X(1+.15)^3
X(1.15)^3
1.52X ANS.
5% for 10 y
X(1+.05)^10
X(1.05)^10
1.629X ANS.
RELATED QUESTIONS
Please help with the homework. 1. Calculate the total amount earned if R1200 is invested (answered by CPhill,ikleyn)
1.How long it will take R3000 Interest a 6% per annum simple interest to grow to R 4260... (answered by ikleyn,Theo)
I am 10years old and you are half my age(5) when I'm 100 years old how old will u... (answered by stanbon)
A FATHER IS 3YEARS YOUNGER THAN 5 TIMES HIS SON'S AGE. SUPPOSE THE SON IS X YEARS OLD.... (answered by 4419875)
Using the formula above, calculate the interest earned for an investment of $15,000 at a... (answered by ewatrrr,Braniac)
A 1000 pound fund is loaned at 5% interest for 100 years. After 100 yrs., the fund would (answered by Theo)
How much money was invested at 6% annual simple interest for 3years to earn $3870? (answered by algebrahouse.com)
How to calculate the relative amounts of colour needed for a diamond shape? As part of (answered by KMST)
You take out a loan of $15,000 to purchase a car. If your loan is for 3 years at a... (answered by Boreal,MathTherapy)