Homework Answers
PLEASE - - - - PLEASE KINDLY
UP-VOTE. IT HELPS ME A LOT. THANK YOU IN ADVANCE.
Add Answer to:
How much would need to be deposited in a bank account now that earns 6% annual...
1) If $4000 is deposited in a savings account that earns interest at an annual rate...
1) If $4000 is deposited in a savings account that earns interest at an annual rate of 2.5% interest compounded continuously, what is the value of the account at the end of two years? 2) A trust fund for a 11-year-old child is being set up by a single payment so that at age 21 the child will receive $37,000. Find how much the payment is if an interest rate of 9% compounded semiannually is assumed. 3) A bank account...
1. How much would you need to deposit in an account now in order to have $5000 in the account in 15 years? Assume the ac...
1. How much would you need to deposit in an account now in order to have $5000 in the account in 15 years? Assume the account earns 5% interest compounded monthly. 2. You currently have $7,700 (Present Value) in an account that has an interest rate of 3% per year compounded quarterly (4 times per year). You want to withdraw all your money when it reaches $18,480 (Future Value). In how many years will you be able to withdraw all...
Suppose you've just deposited $4,000 in a bank account which earns an annual rate of return...
Suppose you've just deposited $4,000 in a bank account which earns an annual rate of return of 7%. How much will you have in the bank account after 6 years? (Work it out on a piece of paper before entering the answer.) (Round up your answer to two decimal point)
9. How much would you need to deposit in an account now in order to have...
9. How much would you need to deposit in an account now in order to have $6,000 in the account in 8 years? Assume the account earns 6% interest compounded monthly. 13. Jose has determined he needs to have $800,000 for retirement in 30 years. His account earns 6% interest. a. How much would he need to deposit in the account each month? b. How much total money will he put into the account? c. How much total interest will...
How much must you deposit each year into your retirement account starting now and continuing through...
How much must you deposit each year into your retirement account starting now and continuing through year 9 if you want to be able to withdraw $85,000 per year forever, beginning 26 years from now? Assume the account earns interest at 8% per year. The amount to be deposited is determined to be $
How much must you deposit each year into your retirement account starting now and continuing through...
How much must you deposit each year into your retirement account starting now and continuing through year 14 if you want to be able to withdraw $90,000 per year forever, beginning 28 years from now? Assume the account earns interest at 15% per year. The amount to be deposited is determined to be $ ____?
How much must you deposit each year into your retirement account starting now and continuing through...
How much must you deposit each year into your retirement account starting now and continuing through year 10 if you want to be able to withdraw $100,000 per year forever, beginning 28 years from now? Assume the account earns interest at 12% per year. The amount to be deposited is determined to be______ $ .
How much must you deposit each year into your retirement account starting now and continuing through...
How much must you deposit each year into your retirement account starting now and continuing through year 13 if you want to be able to withdraw $80,000 per year forever, beginning 26 years from now? Assume the account earns interest at 11% per year The amount to be deposited is determined to be S
Suppose that you deposited $461.26 in a bank account last year that earns 7.04%. How much...
Suppose that you deposited $461.26 in a bank account last year that earns 7.04%. How much will you have $ on deposit in another five years? Round your answer to two decimal places.
How much money should be deposited today in an account that earns 5% compounded semiannually so...
How much money should be deposited today in an account that earns 5% compounded semiannually so that it will accumulate to $8000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.) You deposit $14,000 in an account that pays 5% interest compounded quarterly A. Find the future value after one year B. Use the future value formula for simple interest to determine the effective annual yield. A. The future value...
Suppose you've just deposited $4,000 in a bank account which earns an annual rate of return of 7%. How much will you have in the bank account after 6 years? (Work it out on a piece of paper before entering the answer.) (Round up your answer to two decimal point)
9. How much would you need to deposit in an account now in order to have $6,000 in the account in 8 years? Assume the account earns 6% interest compounded monthly. 13. Jose has determined he needs to have $800,000 for retirement in 30 years. His account earns 6% interest. a. How much would he need to deposit in the account each month? b. How much total money will he put into the account? c. How much total interest will...
How much must you deposit each year into your retirement account starting now and continuing through year 13 if you want to be able to withdraw $80,000 per year forever, beginning 26 years from now? Assume the account earns interest at 11% per year The amount to be deposited is determined to be S
Suppose that you deposited $461.26 in a bank account last year that earns 7.04%. How much will you have $ on deposit in another five years? Round your answer to two decimal places.
How much money should be deposited today in an account that earns 5% compounded semiannually so that it will accumulate to $8000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.) You deposit $14,000 in an account that pays 5% interest compounded quarterly A. Find the future value after one year B. Use the future value formula for simple interest to determine the effective annual yield. A. The future value...
Most questions answered within 3 hours.
-
Write a chemical equation for these reactions. (Use
the lowest possible whole number coefficients.) Include
states-of-matter...
asked 1 hour ago -
For each of the Z-scores below, determine two probabilities
(show four three decimal places): (1) the...
asked 2 hours ago -
Oxidative phosphorylation is achieved through chemiosmotic
coupling, which turns chemical energy into osmotic potential energy
that...
asked 4 hours ago -
Hollywood Shoes would like to maintain their cash account at a
minimum level of $64,000, but...
asked 4 hours ago -
Proteins CtrA-P, DnaA, and GcrA behave similarly to what
molecule in the Eukaryotic Cell Cycle?
asked 4 hours ago -
TRUE OR FALSE
In case of a competitive tender procedure, in the request for
quotation, the...
asked 5 hours ago -
I am a little behind please provide some explanation, will
provide thumbs up.
This question considers...
asked 5 hours ago -
Let say the utility function as U(X,Y) = lnX + Y. Show that the
marginal rate...
asked 5 hours ago -
A current of I=8.0A is flowing in a typical extension cord of
length L=3.00m. The cord...
asked 5 hours ago -
1. When balancing the equation H2SO4 (aq) + NaOH (aq) →
Na2SO4(aq) + H2O(aq), would you...
asked 5 hours ago -
Provide a definition of “classification hierarchy” and
illustrate your definition with an example of how and...
asked 5 hours ago -
1. Describe the four main green solvents. Provide one example of
the use of each solvent....
asked 5 hours ago