Suppose you deposit 4859 today in a savings account that earns an annual interest rate of...
You placed $9,358 in a savings account today that earns an annual interest rate of 9 percent compounded annually. How much you will have in this account at the end of 29 years? Assume that all interest received at the end of the year is reinvested the next year. Round the answer to two decimal places.
You placed $6,960 in a savings account today that earns an annual interest rate of 8.48 percent, compounded semiannually. How much will you have in this account at the end of 16 years? Assume that all interest received at the end of the period is reinvested the next period.
You placed $9,331 in a savings account today that earns an annual interest rate of 8.69 percent, compounded semiannually. How much will you have in this account at the end of 19 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places.
You placed $7,527 in a savings account today that earns an annual interest rate of 10.25 percent, compounded semiannually. How much will you have in this account at the end of 2 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places.
You placed $2,227 in a savings account today that earns an annual interest rate of 4.75 percent, compounded semiannually. How much will you have in this account at the end of 9 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places.
You placed $5,866 in a savings account today that earns an annual interest rate of 9 percent compounded annually. How much you will have in this account at the end of 38 years? Assume that all interest received at the end of the year is reinvested the next year. Round the answer to two decimal places.
You placed $9,992 in a savings account today that earns an annual interest rate of 18.37 percent, compounded semiannually. How much will you have in this account at the end of 26 years? Assume that all interest received at the end of the period is reinvested the next period. Round answer to two decimal places. Thank you.
You placed $6,011 in a savings account today that earns an annual interest rate of 12.46 percent, compounded semiannually. How much will you have in this account at the end of 11 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places. nal places. Your Answer:
If you deposit $10,000 today in an account that earns 14.5% compounded annually, how much will the account be worth in 45 years? You have the opportunity to purchase an investment that will pay $1,625,000 at the end of 40 years. If your required rate of return on this investment is 13.2%, what is the maximum amount you should be willing to pay for it? Your grandparents deposited a $10,000 birthday check for you when you were...
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...