Assume you deposit $4,100 at the end of each year into an account paying 9.75 percent interest. |
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a. | How much money will you have in the account in 21 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. | How much will you have if you make deposits for 42 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Assume you deposit $4,100 at the end of each year into an account paying 9.75 percent...
Assume you deposit $4,800 at the end of each year into an account paying 11.5 percent interest a. How much money will you have in the account in 25 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 50 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Book erences / a. Future value b....
7. 10.00 points value If you deposit $5,100 at the end of each of the next 25 years into an account paying 10.30 percent interest, how much money will you have in the account in 25 years? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16) Future value How much will you have if you make deposits for 50 years? (Do not round intermediate calculations and round your final answer to 2 decimal...
You plan to deposit $6,100 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much will you have in your account if you make deposits for 15 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 30 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,...
Finance math problems 6 You plan to deposit $4,500 at the end of each of the next 20 years into an account paying 9.7 percent interest a. How much money will you have in the account in 20 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 40 years? (Do not round intermediate calculations and round your answer to 2 decimal places,...
You deposit $1,000 at the end of each year into an account paying 10.6 percent interest. a. How much money will you have in the account in 16 years? b. How much will you have if you make deposits for 32 years?
You deposit $1,100 at the end of each year into an account paying 9.1 percent interest. (a) How much money will you have in the account in 19 years? (b) How much will you have if you make deposits for 38 years?
You deposit $1,700 at the end of each year into an account paying 11.1 percent interest. a. How much money will you have in the account in 16 years? b. How much will you have if you make deposits for 32 years?
You deposit $1,800 at the end of each year into an account paying 12.1 percent interest. Required: (a) How much money will you have in the account in 20 years? (Click to select)147,418.08116,899.92131,206.8772,721.3636,000.00 (b) How much will you have if you make deposits for 40 years? (Click to select)1,076,511.311,876,449.3072,000.00259,352.821,419,660.59
Spartan Credit Bank is offering 7.6 percent compounded daily on its savings accounts. You deposit $6,000 today. a. How much will you have in the account in 5 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have in the account in 10 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,...
If you deposit $500 in a bank account that earns 6 percent per year, how much total interest will you have earned after the third year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))