







An investment for 20 months 
20150112 

From rose: Darnell wants to have 2700$ to purchase a tv in 20 months. what will he need to deposit today if he earns 5% annual interest compounded monthly Answered by Penny Nom. 





What is the account value after 3 years? 
20080710 

From Carlos: Question
Suppose that you deposited $3,000 at the beginning of each year for three years in a savings account earning 4%. What is the account value after 3 years (approx)?
a. 9,120
b. 9,211
c. 9,739
d. 9,989 Answered by Penny Nom. 





Interest compounded daily for 6 months 
20080618 

From Cheryl: Compounded interest daily on cd.....$1,000.00 at 2.53% for 6 months. How much will this CD earn? Answered by Penny Nom. 





Interest compounded daily 
20080523 

From Jeanmarie: WHAT IS THE INTEREST IN $ ON 107,495.10 AT AN INTEREST OF
5.13% FOR COMPOUNDED DAILY FOR 16 DAYS? Answered by Penny Nom. 





How long would it take to have $100,000? 
20070407 

From Carolyn: If I invested $1000.00 (one time ) at 1% compounded daily, how long
would it take to have $100,000. ? Answered by Stephen La Rocque. 





Compound interest 
20070320 

From cos: how much would $2000 be at the end of 1 yr. at a daily compounded interest rate of 3% be? the 3% is not yearly but daily. thank you very much for your help!! Answered by Penny Nom. 





The interest is compounded daily 
20070126 

From Kimberey: If I put $2000 in a savings account with 5.05% APR and the interest is compounded daily, but credited monthly, how much would I have at the end of a year? Answered by Stephen La Rocque. 





Interest compounded daily 
20070124 

From Scott: I would like to know what 4.88% interest compounded daily would amount to on $24,000. Answered by Penny Nom. 





Interest compounded daily 
20070101 

From Kelly: I have made an investment that offers onehalf of 1% interest compounded daily. What would that interest calculate to with a $100,000.00 investment for one year ? I have not found a calculative formula that will calculate these figures ... Please HELP !!! Answered by Penny Nom. 





$24,000 investment at 5% daily interest 
20051221 

From Gary: My friend is a professional day trader on the stock exchange. He claims that he can take a $24,000 investment at 5% daily interest and at the end of 3 years have approximately 34 million dollars. Can this be correct? Answered by Penny Nom. 





$20,000 at 25% compounded daily 
20040203 

From A student: Hi there, I'm tying to figure out how much interest I would pay on 20,000 if it was 25% compounded daily. Answered by Penny Nom. 





Interest compounded daily 
20031008 

From Terie: If I owe $2000.00 @ 6.25% compounded daily for 54 days. How much do I owe in interest? Answered by Penny Nom. 





Interest compounded daily 
20030624 

From Jeff: What would be the amount of interest charged or accrued and how is it calculated on principal balance of $209.12 @ 6% interest rate compounded daily for 70 days? Answered by Penny Nom. 





Interest compounded daily 
20030418 

From Bruce: I recently received $7,987.68. This amount consisted of $7,543.61 invested at 6% per annum, compounded daily. I am trying to find out how many days this investment accrued interest. Answered by Penny Nom. 





Interest compounded daily 
20000403 

From Debbie Bracken: How do I figure interest that is compounded daily? 8% compounded daily. Answered by Penny nom. 

