Today you deposit 100$ today an account that earns 12% annual interest. If you do not...
If you deposit money today in an account that pays 12% annual interest, how long will it take to double your money? Round your answer to two decimal places.
If you deposit money today in an account that pays 5.7% annual interest, how long will it take to double your money? Do not round intermediate calculations. Round your answer to two decimal places.
If you deposit money today in an account that pays 5.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.
David has a savings account with a 8,000 balance today. The account earns an annual percentage rate of interest of 1.75%, compounded monthly. David plans to make no other deposits or withdrawals. How many years will it take David's account balance to double? Your Answer: Answer
If you deposit money today in an account that pays 3.4% annual interest, how long will it take to double your money? Round your answer to the nearest whole number. years
4. If you deposit money today in an account that pays 2.5% annual interest, how long will it take to double your money? Steps (9 points): Answer (1 point): 5. You have $100,000 in a brokerage account, and you plan to deposit an additional $7,500 at the end of every future year until your account totals $1,000,000. You expect to earn 10% annually on the account How many years will it take to reach your goal? Steps (9 points): Answer...
Suppose you deposit 4859 today in a savings account that earns an annual interest rate of 4.53% which is compounded annually. Assuming no withdrawals, how much would you have at the end of 8 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...
Time for a lump sum to double If you deposit money today in an account that pays 14.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.
TIME FOR A LUMP SUM TO DOUBLE If you deposit money today in an account that pays 10.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.