You deposit $1,800 at the end of each year into an account paying 12.1 percent interest. |
Required: | |
(a) | How much money will you have in the account in 20 years? |
(Click to select)147,418.08116,899.92131,206.8772,721.3636,000.00 |
(b) | How much will you have if you make deposits for 40 years? |
(Click to select)1,076,511.311,876,449.3072,000.00259,352.821,419,660.59 |
You deposit $1,800 at the end of each year into an account paying 12.1 percent interest....
You deposit $1,000 at the end of each year into an account paying 10.6 percent interest. a. How much money will you have in the account in 16 years? b. How much will you have if you make deposits for 32 years?
You deposit $1,100 at the end of each year into an account paying 9.1 percent interest. (a) How much money will you have in the account in 19 years? (b) How much will you have if you make deposits for 38 years?
You deposit $1,700 at the end of each year into an account paying 11.1 percent interest. a. How much money will you have in the account in 16 years? b. How much will you have if you make deposits for 32 years?
Assume you deposit $4,100 at the end of each year into an account paying 9.75 percent interest. a. How much money will you have in the account in 21 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 42 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Assume you deposit $4,800 at the end of each year into an account paying 11.5 percent interest a. How much money will you have in the account in 25 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 50 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Book erences / a. Future value b....
If you deposit $5,000 at the end of each year for the next 20 years into an account paying 10.1% interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years?
8-One year from now, you deposit $300 in a savings account. You deposit $1,800 the next year. Then you wait two more years (until 4 years from now) and deposit $1,000. If your account always earns 6% annual interest and you make no withdrawals, how much will be in the account 11 years from now? 9-You deposit $5000 for 5 years at 4% annual interest. In 5 years, you add $15,000 to your account, but the rate on your account...
If you deposit $4,800 at the end of each of the next 15 years into an account paying 11.3 percent interest, how much money will you have in the account in 15 years? How much will you have if you make deposits for 30 years?
You plan to deposit $6,100 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much will you have in your account if you make deposits for 15 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 30 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,...
If you deposit $5030 at the end of each of the next 10 years into an account paying 7.8 percent interest, how much money will you have in the account in 10 years?