Interactive practice questions
A $\$3400$$3400 investment earns interest at $3%$3% p.a. compounded quarterly over $19$19 years.
Use the compound interest formula to calculate the value of this investment in dollars.
Round your answer to the nearest cent.
Easy
2min
A $\$9090$$9090 investment earns interest at $4.7%$4.7% p.a. compounded semiannually over $11$11 years.
Easy
1min
A $\$8920$$8920 investment earns interest at $3.3%$3.3% p.a. compounded monthly over $5$5 years.
Easy
1min
A $\$3420$$3420 investment earns interest at $4.9%$4.9% p.a. compounded weekly over $9$9 years.
Easy
1min
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