Suppose you invest $120 a month for 4 years into an account earning 9% compounded monthly....
Suppose you invest $120 a month for 4 years into an account earning 9% compounded monthly. After 4 years, you leave the money, without making additional deposits, in the account for another 21 years. How much will you have in the end?
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Suppose you invest $120 a month for 4 years into an account
earning 9% compounded monthly....
Suppose you invest $120 a month for 8 years into an account earning 9% compounded monthly....
Suppose you invest $120 a month for 8 years into an account earning 9% compounded monthly. After 8 years, you leave the money, without making additional deposits, in the account for another 21 years. How much will you have in the end? Suppose instead you didn't invest anything for the first 8 years, then deposited $120 a month for 21 years into an account earning 9% compounded monthly. How much will you have in the end? Get help: Video
Please show step by step on how you achieved the answer. Suppose you invest $170 a...
Please show step by step on how you achieved the answer.
Suppose you invest $170 a month for 5 years into an account earning 8% compounded monthly After 5 years, you leave the money, without making additional deposits, in the account for another 30 years. How much will you have in the end? tA
You are advising a co-worker on saving for retirement. The co-worker gives you two possible scenarios: Scenario 1: Suppo...
You are advising a co-worker on saving for retirement. The co-worker gives you two possible scenarios: Scenario 1: Suppose you invest $170 a month for 6 years into an account earning 10% compounded monthly. After 6 years, you leave the money, without making additional deposits, in the account for another 22 years. How much will you have in the end? Scenario 2: Suppose instead you didn't invest anything for the first 6 years, then deposited $170 a month for 22...
(1 point) Suppose you invest $18,495.00 into an account earning an interest rate of 2.715% compounded...
(1 point) Suppose you invest $18,495.00 into an account earning an interest rate of 2.715% compounded continuously for 3 year(s) and thereafter earning an interest rate of 4.051% compounded monthly. How much money is in the account after 10 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
You deposit $300 each month into an account earning 4% interest compounded monthly. a) How much...
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...
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
(1 point) Suppose you invest $18,820.00 into an account earning an interest rate of 2.823% compounded...
(1 point) Suppose you invest $18,820.00 into an account earning an interest rate of 2.823% compounded continuously for 1 year(s) and thereafter earning an interest rate of 3.315% compounded daily. How much money is in the account after 8 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
1. You deposit $400 each month into an account earning 7% interest compounded monthly. a) How...
1. You deposit $400 each month into an account earning 7% interest compounded monthly. a) How much will you have in the account in 35 years? $ b) How much total money will you put into the account? $ c) How much total interest will you earn? $ 2. Suppose you want to have $300,000 for retirement in 35 years. Your account earns 8% interest. a) How much would you need to deposit in the account each month? $ b)...
You deposit $100 each month into an account earning 3% interest compounded monthly a) How much...
You deposit $100 each month into an account earning 3% interest compounded monthly a) How much will you have in the account in 20 years? 1) b) How much total money will you put into the account? 1) arī T) c) How much total interest will you earn? an Get hetlp Video Video Points availiable on this attempe: 0.9 of original 1 Unlimized actempeS Score on last actempt 0.0.0), Score in gracebookc (0, Q.O1 Out of (0. 33 0.33,0.34) Submit
1. You have $200 to invest. If you put the money into an account earning 4%...
1. You have $200 to invest. If you put the money into an account earning 4% interest compounded annually, how much money will you have in 10 years? How much money will you have in 10 years if the account pays 4% simple interest? 2. You have $1,300 to invest today at 5% interest compounded annually. a. Find how much you will have accumulated in the account at the end of (1) 6 years, (2) 12 years, and (3)...
Suppose you invest $120 a month for 8 years into an account earning 9% compounded monthly. After 8 years, you leave the money, without making additional deposits, in the account for another 21 years. How much will you have in the end? Suppose instead you didn't invest anything for the first 8 years, then deposited $120 a month for 21 years into an account earning 9% compounded monthly. How much will you have in the end? Get help: Video
Please show step by step on how you achieved the answer.
Suppose you invest $170 a month for 5 years into an account earning 8% compounded monthly After 5 years, you leave the money, without making additional deposits, in the account for another 30 years. How much will you have in the end? tA
(1 point) Suppose you invest $18,495.00 into an account earning an interest rate of 2.715% compounded continuously for 3 year(s) and thereafter earning an interest rate of 4.051% compounded monthly. How much money is in the account after 10 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
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
(1 point) Suppose you invest $18,820.00 into an account earning an interest rate of 2.823% compounded continuously for 1 year(s) and thereafter earning an interest rate of 3.315% compounded daily. How much money is in the account after 8 years? The amount in the account is (Note: Your answer should have a dollar sign and be accurate to two decimal places)
You deposit $100 each month into an account earning 3% interest compounded monthly a) How much will you have in the account in 20 years? 1) b) How much total money will you put into the account? 1) arī T) c) How much total interest will you earn? an Get hetlp Video Video Points availiable on this attempe: 0.9 of original 1 Unlimized actempeS Score on last actempt 0.0.0), Score in gracebookc (0, Q.O1 Out of (0. 33 0.33,0.34) Submit
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