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Serenity is going to invest in an account paying an interest rate of 5.7% compounded daily....
(1 point) Suppose you invest $18,820.00 into an account earning an interest rate of 2.823% compounded continuously for 1 year(s) and thereafter earning an interest rate of 3.315% compounded daily. How much money is in the account after 8 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
If you invest $11,277 today at an interest rate of 4.27 percent, compounded daily, how much money will you have in your savings account in 12 years? Round the answer to two decimal places.
If you invest $5,550 today at an interest rate of 6.75 percent, compounded daily, how much money will you have in your savings account in 7 years? Round the answer to two decimal places.
If you invest $6,000 today in an account at an annual interest rate of 7% compounded continuously, what would you have in the account at the end of 6 years? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST CENT (2 Decimals). LIST THE NUMBER AS A POSITIVE NUMBER.
(1 point) Suppose you invest $18,495.00 into an account earning an interest rate of 2.715% compounded continuously for 3 year(s) and thereafter earning an interest rate of 4.051% compounded monthly. How much money is in the account after 10 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
If you invest $1,907 today at an interest rate of 8.51 percent, compounded daily, how much money will you have in your savings account in 27 years?
) Avery deposits a tax refund of $235 in an account paying 2.4% interest compounded quarterly. How much is in the account after 20 years? .) If the refund had been deposited in an account paying 2.3% simple interest, how much would be in the account after 20 years? ) If Avery deposits $200 at the end of each quarter in an account paying 2.4% interest compounded quarterly, how much would be in the account after 20 years?
Question 4 Ali has decided to invest $100 in a savings account paying 6% interest compounded semiannually. Find the future value if he leaves his money in the account for 2 years?
A couple just had a baby. How much should they invest now at 5.2% compounded daily in order to have $50,000 for the childs education 17 years from now? Compute the answer to the nearest dollar. Assume a 365 days a year.
What does it mean to say that interest is compounded daily? Assume a 365-day year. Compounded daily means the interest is compounded time(s) a year. х Find the compound interest and future value. Do not round intermediate steps. Round your answers to the nearest cent. Principal Rate Compounded Time $875 5% Annually 9 years The future value is $ and the compound interest is $ х 5 Find the compound interest and future value. Round your answers to the nearest...