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Help Save&Exit Submit Check my weork Consider a $1,400 deposit earning 9 percent interest per year...
Question 1: Consider a $4,700 deposit earning 9 percent interest per year for 9 years. Part 1: What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Part 2: How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Part 3: How much is interest earned on interest? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Question 2.To...
Consider a $4,700 deposit earning 9 percent interest per year for 9 years. What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) How much is interest earned on interest? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2.To borrow $1,400, you are offered an add-on interest...
Consider a $4,500 deposit earning 10 percent interest per year for ten years. What is the future value? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Future value eBook Print How much total interest is earned on the original deposit? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) etorences Total interest earned How much is interest earned on interest? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Interest...
Consider a $2,600 deposit earning 8 percent interest per year for five years. What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future valueſ How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total interest earned How much is interest earned on interest? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Interest earned on interest
Problem 4-22 Interest-on-Interest (LG4-3) Consider a $4,800 deposit earning 10 percent interest per year for ten years. What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future value How much total interest is earned on the original deposit? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Total interest earned How much is interest earned on interest? (Do not round Intermediate calculations. Round your answer to 2 decimal places.)...
Consider a $5800 deposit earning 8% interest per year for eight years Chec Consider a $5.800 deposit earning 8 percent interest per year for eight years. What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future value ok nt ow much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answer to 2 de Places.) ences Total interest earned int How much is interest earned on...
Can you answer the How much is interest earned on interest? Consider a $2.200 deposit earning 7 percent interest per year for six years. What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Future value 3,301.61 How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Total interest earned $...
Check my work You can save $2,000 per year for the next four years in an account earning 7 percent per year. How much will you have at the end of the fourth year if you make the first deposit today? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16) Future value
Consider a $1,600 deposit earning 7 percent interest per year for six years. What is the future value? How much total interest is earned on the original deposit? How much is interest earned on interest?
interest on interest , consider a 2100 deposit earning 5 percent interest per year for 8 yrs . how much total interest is earned on the original deposit ( excluding interest earned on interest )?