Can you tell me the formula for calculating how much my money will make at a certain interest rate for a cd?

Similar questions: formula calculating money make interest rate cd.

Consulting my memory for Algebra ... You'd use a compound interest formula: A=P(1+r)^t P = (the original investment) r = (the interest rate per compounding period) t = (the number of periods) Example: If you invest $1000 at 5% interest compounded annually over three years ... A=1000(1+0.05)^3 Sources: Algebra ... and you thought it'd never be used in 'real life' gb_one's Recommendations Jim Cramer's Real Money: Sane Investing in an Insane World Amazon List Price: $26.00 Used from: $12.86 Average Customer Rating: 4.0 out of 5 (based on 238 reviews) The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Book Big Profits) Amazon List Price: $19.95 Used from: $9.95 Average Customer Rating: 4.5 out of 5 (based on 44 reviews) .

Principal times interest rate divided by 365 times number of days outstanding Example: $10000 invested at 5.5% for 6 months (we will assume 180 days) (10000 X (0.055/365)) X 180 The nested parentheses indicate that the calculations in the innermost parenthese should be performed first. In this calculation it it not really critical, but the order of calculation often is important in these financial matters. So it is good to get in the habit.So let’s take the calculation in order.

0.055/365=0.000151 Gives the daily interest rate 10,000 X 0.000151=1.50685 Gives the amount of interest earned per day 1.50685 X 180=271.23 Gives the total interest earned on $10,000 at 5.5% for 180 days Or in this case you could do it in this order: 10,000 X 0.055=550.00 The total simple interest that would be earned in a whole year 550.00/365=1.50685 Look familiar? 1.50685X180=271.23 Hope this helps..

This web site should help you - apps.nasd.com/investor_Information/Calcu... Sources: used this site myself .

You need to use an exponential function. Compounding n times per year: A = P(1 + r/n)^nt where P = amount of deposit A = balance after t years r = annual interest rate (decimal form) n = number of compoundings per year Compounding continuously: A = Pe^rt where e is is the base of the natural exponential function. I learned how to calculate this when I took calculus.It's much easier to go here bankrate.com/brm/calc/cdc/CertDeposit.asp and let them calculate it for you.

Sources: Too many years of calculus .

1 rainman: Re your answer that calculates simple interest, generally CDs pay compound interest.

Rainman: Re your answer that calculates simple interest, generally CDs pay compound interest.

Can anyone help me in calculating laccase activity, I don't knw formula to be used.

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