Question

Future value of 1,75,000 at compound interest @ 6%p.a. after 3.5 yrs compounded?​

Answer 1

Answer:

Step-by-step explanation:

This calculator determines the future value of $1,000 invested for 3 years at a constant yield of 6.00% compounded annually. Did Albert Einstein really say "Compound interest is the most powerful force in the universe?" According to Snopes, the answer is probably not.

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$1,000 at 6% interest for 3 years.

Rate Amount

4% $1,125

5% $1,158

6% $1,191

8% $1,260