You deposit $6000 in an account earning 2% interest compounded monthly. How much will you have in the account in 5 years?
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You deposit $6000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in the account in 5 years?
i. You deposit $5000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years? ii. Suppose you want to have $400,000 for retirement in 20 years. Your account earns 8% interest. How much would you need to deposit in the account each month?
you deposit $4000 in an account earning 5% interest compounded monthly. how much will you have in the accoung in 5 years?
You deposit $3000 in an account earning 2% interest compounded monthly. How much will you have in the account in 5 years? Enter an integer or decimal number (more..] Submit Question
1. Calculate the compound amount when S1500 is deposited in an account earning an annual interest rate of 5%, compounded monthly, for 18 months. 2, How much money should be invested in an account that earns 6% annual interest, com- pounded monthly, in order to have $15, 000 in 5 years? 3. How much interest is earned on a $2000 deposit for 2 years at a 0.12% monthly interest rate. compounded daily?
Please solve these i. You deposit $6000 in an account earning 2% interest compounded monthly. How much will you have in the account in 10 years? ii. Find the time required for an investment of 5000 dollars to grow to 7900 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Round your answer to two decimal places Your answer is t= iii. You currently have $2,800 (Present Value) in an account that has an interest rate of...
You deposit $300 each month into an account earning 4% interest compounded monthly. a) How much will you have in the account in 30 years? $ b) How much total money will you put into the account? $ c) How much total interest will you earn? $
You deposit $350 each month into an account earning 4% interest compounded monthly. a) How much will you have in the account in 15 years? b) How much total money will you put into the account? c) How much total interest will you earn? S
of 1 Question 1 of 10 5Points You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in the account in 5 years? A. $979.69 OB. $2.979.69 C. $2.160.00 D. $16,000.00 Reset Selection