Compound Interest (Mathematics) [BCMathsCh8P14]

2007-11-23 11:03 pm

[BC Maths Ch.8 P.14]

　
Priciple
Interest rate
Period
Compounded

Situation 1
$654
10%
5 years
Yearly

Situation 2
$18,000
5%
8 years
Monthly

Situation 3
$6,000
8%
6 years
Half-yearly

Situation 4
$6,000
8%
6 years
Monthly

Situation 5
$5,000
6%
5 years
Half-yearly

Situation 6
$999,999
2%
20 years
Two years
What is the compound interest of the situations above?

回答 (1)

wankin

2007-11-23 11:27 pm

✔ 最佳答案

situation1: 654x(1+10%)^5-654=399.3
situation2: 18000x(1+5%/12)^8x12-18000=8830.5
situation3: 6000x(1+8%/2)^6x2-6000=3606.2
situation4: 6000x(1+8%/12)^6x12-6000=3681.0
situation5: 5000x(1+6%/2)^5x2-5000=1719.6
situation6: 999999x(1+2%x2)^20/2-999999=480243.8

the above answer are all corrected to 1 d.p.

參考: 常識

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