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17. SAVINGS ACCOUNTS Linda has joined a Christmas Fund Club at her bank. At the end...
Luis has $150,000 in his retirement account at his present company
Luis has $150,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $3000/quarter into the new account until his retirement 20 years from now. If the new account earns interest at the rate of 8%/year compounded quarterly, how much will Luis have in his account at the time of his retirement?
Question 23 1 pts Luis has $160,000 in his retirement account at his present company. Because...
Question 23 1 pts Luis has $160,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to roll over his assets to a new account. Luis also plans to put $4,000/quarter into the new account until his retirement 21 yr from now. If the account earns interest at the rate of 5%/year compounded quarterly, how much will Luis have in his account at the time of his retirement? Please...
Anthony invested a sum of money 4 yr ago in a savings account that has since paid interest at the rate of
9. Anthony invested a sum of money 4 yr ago in a savings account that has since paid interest at the rate of 7%/year compounded quarterly. His investment is now worth $22,438.81. How much did he originally invest? Please round the answer to the nearest cent. 10. Joe plans to deposit $300 at the end of each month into a bank account for a period of 2 yr, after which he plans to deposit S500 at the end of each month into the same...
11. [-/0.1 Points] DETAILS TANAPMATHS 4.2.022 MY NOTES PRACTICE ANOTHER Luis has $140,000 in his retirement...
11. [-/0.1 Points] DETAILS TANAPMATHS 4.2.022 MY NOTES PRACTICE ANOTHER Luis has $140,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to roll over his assets to a new account. Luis also plans to put $3500/quarter into the new account until his retirement 30 yr from now. If the account earns interest at the rate of 7%./year compounded quarterly, how much will Luis have in his account at...
Please help me do 2 questions! I can't do that! Thank you. r 6. 0/1 points | Previous Answers TanApMath7 4.2.021 My...
Please help me do 2 questions! I can't do that! Thank
you.
r 6. 0/1 points | Previous Answers TanApMath7 4.2.021 My Notes Ask Your Teacher Luis has丰190,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $2000 quarter into the new account until his retirement 30 years from now the new account earns interest...
1. Calculate the accumulated value of an ordinary annuity of $4,200 a year for 6 years...
1. Calculate the accumulated value of an ordinary annuity of $4,200 a year for 6 years if the money is worth 71 2 %. 2. Find the future value of the cash flow of $600 a month for 5 years at 9% interest compounded monthly. 3. If Gabe makes a $450 deposit into his savings fund at the end of each quarter for 6 years, how much will he be able to collect at the end of the sixth year...
11. Martha Reed has been depositing $2,000 at the end of each year in her savings...
11. Martha Reed has been depositing $2,000 at the end of each year in her savings account. If her account earns an APR of 12% compounded monthly, how much will she have after 10 years?
5. Based on the data if Kathy tells her grandchildren how she found bones in her...
5. Based on the data if Kathy tells her grandchildren how she found bones in her yard the 1948 with only 99.89% of carbon- 14 inside of them. How old would the bones be in today? 6. Susan wants to sale her chemicals to the public health association. She states that her chemicals can reduce a radio-active substance from 12g initially down to 6g four years later. The president of the association asked her to prove her findings by telling...
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 3 yr for...
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 3 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 10%/year compounded quarterly, determine the size of each (equal) quarterly installment that should be deposited in the fund. (Round your answer to the nearest cent.) $ Need Help? Read it Tato Tuter 11. [-/0.1 Points) DETAILS...
1. Shirley wants to go on a trip to Hawaii. She budgets that she can save...
1. Shirley wants to go on a trip to Hawaii. She budgets that she can save $108 at the end of every month, and interest in her account is 8% compounded biweekly. By looking at prices, she knows that the trip will cost her $4813 total. How long in years (round to two decimal places) will it take before she can go on her trip? 2. Joey buys a new Honda civic for $18997. He agrees to payments at the...
Question 23 1 pts Luis has $160,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to roll over his assets to a new account. Luis also plans to put $4,000/quarter into the new account until his retirement 21 yr from now. If the account earns interest at the rate of 5%/year compounded quarterly, how much will Luis have in his account at the time of his retirement? Please...
11. [-/0.1 Points] DETAILS TANAPMATHS 4.2.022 MY NOTES PRACTICE ANOTHER Luis has $140,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to roll over his assets to a new account. Luis also plans to put $3500/quarter into the new account until his retirement 30 yr from now. If the account earns interest at the rate of 7%./year compounded quarterly, how much will Luis have in his account at...
Please help me do 2 questions! I can't do that! Thank
you.
r 6. 0/1 points | Previous Answers TanApMath7 4.2.021 My Notes Ask Your Teacher Luis has丰190,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $2000 quarter into the new account until his retirement 30 years from now the new account earns interest...
5. Based on the data if Kathy tells her grandchildren how she found bones in her yard the 1948 with only 99.89% of carbon- 14 inside of them. How old would the bones be in today? 6. Susan wants to sale her chemicals to the public health association. She states that her chemicals can reduce a radio-active substance from 12g initially down to 6g four years later. The president of the association asked her to prove her findings by telling...
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 3 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 10%/year compounded quarterly, determine the size of each (equal) quarterly installment that should be deposited in the fund. (Round your answer to the nearest cent.) $ Need Help? Read it Tato Tuter 11. [-/0.1 Points) DETAILS...
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