Can someone help me with this? Suppose you earned a $405,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years? Select the correct answer. a. $42,008.72 b. $42,020.52 c. $42,014.62 d. $42,002.82
Kindly sir solve to this question? If $30,000 to grow to $90,000 over a ten years period, at what annual interest rate must it be invested, given that interest is compounded semi-annually?
literally have a maths test tomorrow. thank you!
Thank you! So much! You have no idea how long I was trying to figure this out for
thank you so much!! most helpful I've found regarding this formula!
I'm glad you like it. Thanks for your feedback.
If the semi final figure isint in a decimal,do you still have to multiply it by 100??
Nice video
I have my igsce in a literal month
Thank you so much
You are the BEST THANkYOU SO MUCH SIR
Most welcome
But if I do 5000 x (18.3) to the power of 2 I don’t get 7000
Really helpful thanks
Ah yes, the smart Indian everyone needed
thank you, you were a big help
nice video sir. Which software do you use for screen recording and tutorial writing methods ?
Thank you so much I finally get it
Can someone help me with this?
Suppose you earned a $405,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years?
Select the correct answer.
a. $42,008.72
b. $42,020.52
c. $42,014.62
d. $42,002.82
Sir formula is only wrong
you are like the savior Babatunde
You are a Kenyan right?
Sir, if time in a fraction....?
why you get lost the t?
When semiannual then sir what do
Then we have to multiply the time by 2 and divide the rate by 2.
Kindly sir solve to this question?
If $30,000 to grow to $90,000 over a ten years period, at what annual interest rate must it be invested, given that interest is compounded semi-annually?
It would be 5.65...%
Semi-annually means every half year, so it would be to the power of 20 instead of 10
If t is 10 year
You will be required to find the tenth root - a number that would have to be multiplied by itself 10 times to get the original number.
thnx
year 10?
Yep