I have solved 2 questions here for rest please repost...and if you have any doubt please comment.
Problem 1.8 You deposit $5,000 in an account earning 5% interest compounded semi-annually for 2 years...
Problem 1.8 You deposit $5,000 in an account earning 5% interest compounded semi-annually for 2 years and 7% interest compounded quarterly thereafter. What is the account value after 7 years? Problem 1.9 What is the equivalent effective annual (compound) interest rate in Problem 1.8? Problem 1.10 You deposit $5,000 in an account that earns 5% interest compounded annually in years 1 and 2, and thereafter a continuous rate δ(t) = 2/(t + 1) (t > 0). What is the value...
Problem 1.11 Suppose an initial investment of $100 grows according to the accumulated amount function A(t) 100(1 0.05t) (t20). (a) Find the effective rate of interest earned during the 5th year is (b) Find the force of interest δ(t). (c) Find the "average rateequivalent annual effective rate) of interest earned during the first five years.
Problem 1.11 Suppose an initial investment of $100 grows according to the accumulated amount function A(t) 100(1 0.05t) (t20). (a) Find the effective rate of interest earned during the 5th year is (b) Find the force of interest δ(t). (c) Find the "average rateequivalent annual effective rate) of interest earned during the first five years.
Problem 1.10 You deposit $5,000 in an account that earns 5% interest compounded annually in years 1 and 2, and thereafter a continuous rate δ(t) 2/(t + 1) (t > 0). What is the value of the account after 5 years?
Problem 1.10 You deposit $5,000 in an account that earns 5% interest compounded annually in years 1 and 2, and thereafter a continuous rate δ(t) 2/(t + 1) (t > 0). What is the value of the account after 5 years?
QUESTION 2 You deposit $10,000 in an account earning 5% interest compounded weekly. How much will you have in the account after 17 years? How much of the amount was interest earned?
You deposit $3,000 at the end of the year (k = 0) into an account that pays interest at a rate of 7% compounded annually. A year after your deposit, the savings account interest rate changes to 1 2% nominal interest compounded month y Five years after ur de o the savings account aga changes it interest rate this time e interest rate becomes 8% nominal interest compounded quarterly. Eight years after your deposit, the saving account changes its rate...
You deposit $400 in an account earning 2% interest compounded annually. How much will you have in the account in 10 years?
I need the solution process, thanks! An initial deposit of $8,000 is made into an account earning 6.5% compounded continuously. Thereafter, money is deposited into the account at a constant rate of $2600 per year. Find the amount in this account at any time t. How much is in this account after 5 years? O A. A -52,000e 0.065t-44,000 $27,969.59 $26,433.47 A 44,000e 0065t-3 BA 48,000 065-40.000 $24,897.34 OD. A -60,000e 0.065t -52,000 $31,041.84 An initial deposit of $8,000 is...
Problem 1: If you deposit $4000 into an account paying 6% annual interest compounded quarterly, howmuch money will be in the account after 5 years? Problem 2: If you deposit $6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years?