(1 point) Suppose you invest $18,495.00 into an account earning an interest rate of 2.715% compounded...
(1 point) Suppose you invest $18,820.00 into an account earning an interest rate of 2.823% compounded continuously for 1 year(s) and thereafter earning an interest rate of 3.315% compounded daily. How much money is in the account after 8 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
(1 point) If you invest $1,890.54 in an account earning an annual interest rate of 3.389% compounded semiannually, how much will be in your account after 2 years? After 10 years? After 2 years: (Note: Your answer should include a dollar sign and be accurate to two decimal places) After 10 years: (Note: Your answer should include a dollar sign and be accurate to two decimal places) (1 point) If you invest $1,890.54 in an account earning an annual interest...
(1 point) If you invest $2,766.13 in an account earning an annual interest rate of 2.921% compounded weekly, how much will be in your account after 5 years? After 11 years? After 5 years: (Note: Your answer should include a dollar sign and be accurate to two decimal places) After 11 years: (Note: Your answer should include a dollar sign and be accurate to two decimal places)
(5 points) How much do you need to invest in an account earning an annual interest rate of 5.904% compounded weekly, so that your money will grow to $7,120.00 in 43 weeks? The amount you need to invest is (Note: Your answers should include a dollar sign and be accurate to two decimal places)
HW18: Problem 5 Previous Problem Problem List Next Problem (4 points) Suppose you invest $16,930.00 into an account earning an interest rate of 2.816% compounded continuously for 2 year(s) and thereafter earning an interest rate of 4.114% compounded yearly. How much money is in the account after 8 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places) Preview My Answers Submit Answers You have attempted this problem...
(1 point) How much do you need to invest monthly into an ordinary annuity earning an annual interest rate of 4.58% compounded monthly so that you will have $12,555.00 after 4 years? (Note: Your answer is a dollar amount and should include a dollar sign)
> webwork / ma162-su20 golenbiewski / hw18 / 5 HW18: Problem 5 Previous Problem Problem List Next Problem (1 point) Suppose you invest $16,275.00 into an account earning an interest rate of 2.936% compounded continuously for 1 year(s) and thereafter earning an interest rate of 3.701% compounded quarterly. How much money is in the account after 12 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places) Hint:...
Suppose you invest $120 a month for 8 years into an account earning 9% compounded monthly. After 8 years, you leave the money, without making additional deposits, in the account for another 21 years. How much will you have in the end? Suppose instead you didn't invest anything for the first 8 years, then deposited $120 a month for 21 years into an account earning 9% compounded monthly. How much will you have in the end? Get help: Video
Suppose you invest $120 a month for 4 years into an account earning 9% compounded monthly. After 4 years, you leave the money, without making additional deposits, in the account for another 21 years. How much will you have in the end?
(1 point) If you make a deposit into a bank account, at what interest rate (compounded monthly) should you invest if you would like to double your investment in 64 months? % (Note: Your answer should be accurate to two decimal places)