Mastering Compound Interest

What is the future value of an investment of $1000 at an annual interest rate of 5% compounded annually for 3 years?

• $1157.63

• $1102.50

• $1150.00

• $1075.00

If you invest $500 at an annual interest rate of 4% compounded semi-annually, what will be the amount after 2 years?

• $520.40

• $540.50

• $561.22

• $580.24

Calculate the future value of a $2000 investment at an annual interest rate of 6% compounded quarterly for 1 year.

• $2122.72

• $2136.40

• $2145.60

• $2200.00

What is the amount after 5 years if $1000 is invested at an annual interest rate of 8% compounded monthly?

• $1489.85

• $1469.32

• $1493.85

• $1500.00

A sum of $1500 is invested at an annual rate of 5% compounded continuously. What will be the value of the investment after 4 years?

• $1831.47

• $1820.34

• $1845.93

• $1800.00

If $2500 is invested at an annual interest rate of 3% compounded annually, what is the total amount after 10 years?

• 3380.01

• 3373.38

• 3359.79

• 3400