If you deposit $3700 today into an account earning an annual
rate of return of 11...
If you deposit $3700 today into an account earning an annual
rate of return of 11 percent, what would your account be worth in
30 years (assuming no further deposits)? In 35 years?
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2. If you deposited $3500 today into an account earning an 11%
annual rate of return, what will your account be worth in 35 years?
(show your work) a. in 40 years? (show your work)
If you deposit money today in an account that pays 11% 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 13.5% 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 13% annual
interest, how long will it take to double your money? Round your
answer to two decimal places.
3 and a half years would be entered as 3.50 years
If you made yearly payments of $5344 at the end of each year
into an investment, how long would it take you to save up
$1,000,000 if you earned a rate of 8%. Enter your answer in whole
years. (ex....
a)You are going to deposit $23,000 today. You will earn an
annual rate of 4.9 percent for 11 years, and then earn an annual
rate of 4.3 percent for 14 years. How much will you have in your
account in 25 years?
b)
You have decided to buy a car that costs $27,400. Since you do
not have a big down payment, the lender offers you a loan with an
APR of 6.09 percent compounded monthly for 7 years with...
You deposit $1969.55 in an account today. You will deposit
$566.09 at the end of each month for the next 12 months and $946.03
each month for the following 13 months. How much interest will you
have earned in 25 months if the account pays 5% compounded
monthly?
You deposit $1437.46 in an account today. You will deposit
$547.45 at the end of each month for the next 14 months and $990.78
each month for the following 12 months. How much interest will you
have earned in 26 months if the account pays 20% compounded
monthly?