a.s. - 30%, and does (Round your answer to two decimal places.) A savings account earns...
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:
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 $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 $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.
Adele deposited $25,000 into her savings account on September 17, 2018. (a) If Adele's account earns an effective annual interest rate of 3.5%, how much money will Adele have in her account on September 17, 2025? account to accumulate to $40,000? effective annual interest rate she earns on her deposit? (b) If Adele's account earns an effective annual interest rate of 3.5%, how long will it take her (c) Suppose that Adele will have $30,000 in her account by September...
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.
A firm offers terms of 2/15, net 45.a.What effective annual interest rate does the firm earn when a customer does not take the discount? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)b.What effective annual interest rate does the firm earn if the discount is changed to 3 percent? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)c.What effective annual interest rate...
Suppose that David deposits $500 in your savings account that earns 5% annual interest. How much will he have in your account after four years using (a) simple interest and (b) compound interest? (c) calculate the principal and amount of interest earned for each year