Question 236488: if i invest $25,000 for 6 years at 7% how much will i earn quartly, annuall, simi annualy, and continual
Answer by checkley77(12844)   (Show Source):
You can put this solution on YOUR website! 25,000(1+.07/4)^6*4
25,000(1+.0175)^24
25,000(1.0175)^24
25,000*1.51644=37,911.07 ans. for quarterly interest.
25,000(1+.07)^6
25,000(1.07)^6
25,000*1.50073=37,518.26 ans. for annual interest.
25,000(1+.07/2)^6*2
25,000(1.035)^12
25,000*1.51107=37.776.72 ans. for semi-annual investment.
25,000e^.07*6
25,000*2.7182^.42
25,000*1.5210=38,048.56 ans. for continual interest.
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