Notaría 124 & 125

Inside our latest example, interest rates are calculated one per year

(Figure)How much cash should be invested now for $fifty,000 to own 8 ages in case the basic $fifty,000 is actually received in one single seasons together with rate try 10%?

1. If you like to accumulate $2,500 across the next 4 age in the event the rate of interest was 15%, just how much do you want to put on the account?
2. If you set $6,200 into the a savings account, just how much do you ever keeps after eight years with a beneficial a dozen% interest?

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