Simple Interest
Calculate the INTEREST of $1,000 invested at 6% simple interest per year for 4 years.
$240
Calculate the future value of $1,000 invested at a 5% annual interest rate compounded annually for 3 years.
$1,157.63
What will the INTEREST of a $2,500 loan be worth in 3 years if invested at 4% simple interest per year?
$300
What will $2,000 be worth in 5 years if invested at 6% interest compounded annually?
$2,676.45
If you invest $750 at 5% simple interest per year, how much will it be worth in 5 years?
$937.50
Find the future value of $1,500 invested at 4% annual interest compounded annually for 4 years.
$1,755.79
Find the FUTURE value of $1,500 invested at 7% simple interest per year for 6 years.
$2,130
If you invest $1,200 at 7% annual interest compounded annually, how much will it be worth in 3 years?
$1,469.64
What will the TOTAL balance of a banking account of $1,200 be worth in 8 years if invested at 3% simple interest per year?
$1,488
Calculate the future value of $2,500 invested at a 3% annual interest rate compounded annually for 6 years.
$2,987.37