Register
What is the future value of $1,000 after six months earning 12% annually?
219k views
0 votes
What is the future value of $1,000 after six months earning 12% annually?

User Biribu
by
8.6k points

1 Answer

0 votes
$1,060

after six months you would have earned 6%
1% of $1000 is $10
so 6% is $60
just add it to the $1000
User JamesL
by
9.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is meant by data mining ?
What is the best way to describe a stock market?
The government’s involvement in economy serves what two purposes?
Identify the advantages and disadvantages of a command economy.
How can life expectancy and literacy rates affect the quality of labor in the economy?
Link Copied!