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# Financial Math - Compound Interest - Amount / Present value $A=P(1+\frac{i}{c})^{(tc)}$

- 1Calculate the amount if you invest $750 for 8 years at 5.5% compounded annually.
- 2Calculate the amount if you invest $1560 for 6 years at 8% compounded semi-annually.
- 3Calculate the amount if you invest $2500 for 5 years at 7.25% compounded quarterly.
- 4Calculate the amount if you invest $5600 for 14 years at 4.35% compounded monthly.
- 5Calculate the amount if you invest $5000 for 9 years at 6.45% compounded daily.
- 6How much do you need to invest now in order to have $4000 in 7 years at 9% compounded annually?
- 7How much do you need to invest now in order to have $7500 in 5 years at 7.25% compounded semi-annually?
- 8How much do you need to invest now in order to have $8400 in 3 years at 4.36% compounded quarterly?
- 9How much do you need to invest now in order to have $15000 in 12 years at 6.75% compounded weekly?
- 10How long will it take \($\)500 to amount to \($\)1200 at 8.5% compounded quarterly?

Good test question! - 11How long will it take for you to double your investment at 7.25% compounded semi-annually?
- 12Determine the interest rate necessary for \($\)1600 to amount to \($\)2100 in 7 years with interest compounded monthly.
- 13Determine the interest rate necessary for \($\)750 to amount to \($\)1350 in 12 years with interest compounded quarterly.

$$e=mc^2$$