MC algo 4-8 Calculating Future Values You are going to deposit $3,300 in an account that...
You are going to deposit $4,000 in an account that pays .46 percent interest compounded monthly . How much will you have in 8 years ? You are going to deposit $4,000 in an account that pays.46 percent interest compounded monthly. How much will you have in 8 years? Multiple Choice Ο 56,243.06 Ο $6,186.02 Ο S6 24 48
MC algo 5-20 Calculating Present Values Your bank will pay you an interest rate of 157 percent compounded weekly. You want to have $28000 in 9 years How much will you have to deposit today? Assue 52 weeks per year Your bank will pay you an interest rate of 157 percent compounded weekly. You want to have $28,000 Multiple Choice 48 o ) $25,806.56 o $13,735.72 o $13,43712 o $13,616.28 o $13,816.99
MC algo 4-17 Calculating Present Values You want to have $86,000 in 18 years to help your child attend college. If you can earn an annual interest rate of 4.2 percent, how much will you have to deposit today? Multiple Choice $20,376.44 $41,009.03 $35,734.78 $39,356.08 $37,623.41
You are going to deposit $4,200 in an account that pays .48 percent monthly interest. How much will you have in 5 years? Note : The given interest rate (.48 percent) is monthly interest rate, not the usual given annual interest rate compounded monthly. Multiple Choice $5,624.79 $5,571.18 $5,557.21 $5,597.92 $5,603.52
Chapter 6 Saved Help Save & Exit You are going to deposit $2,700 in an account that pays 33 percent interest compounded monthly. How much will you have in 7 years? Multiple Choice O $3.560.84 O s237259 O $3554 40 53.5490 < Prev 4 of 30 baxt >
You are going to deposit $3,900 in an account that pays.45 percent interest compounded monthly. How much will you have in 6 years?
You are going to deposit $3,000 in an account that pays .36 percent interest compounded monthly. How much will you have in 6 years?
1. You are going to deposit $3,400 in an account that pays .40 percent interest compounded monthly. How much will you have in 5 years? a. $4,320.18 b. $4,337.46 c. $4,298.19 d. $4,324.50 e. $4,302.97 2. Your bank will pay you an interest rate of .102 percent per week. You want to have $22,500 in 10 years. How much will you have to deposit today? Assume 52 weeks per year. a. $13,418.45 b. $13,419.42 c. $13,536.16 d. $21,338.27 e. $13,241.89...
You are going to deposit $3,600 in an account that pays 42 percent interest compounded monthly. How much will you have in 8 years? O $5,33507 O $5,383 23 O $5,388 62 O $5,36072 O $5,405 84 Graw- T o All ved
MC algo 5-27 Calculating Annuity Payments Ken just purchased new furniture for his house at a cost of $16,900. The loan calls for weekly payments for the next 8 years at an annual interest rate of 11.29 percent. How much are his weekly payments? Multiple Choice Ο $61.74 Ο $40.63 Ο $63.81 Ο $64.82 Ο $63.80