In: Finance
Derek will deposit $5,287.00 per year for 15.00 years into an account that earns 4.00%, The first deposit is made next year. How much will be in the account 44.00 years from today?
Derek will deposit $1,311.00 per year for 18.00 years into an account that earns 6.00%, The first deposit is made next year. He has $14,490.00 in his account today. How much will be in the account 47.00 years from today?
Derek will deposit $3,239.00 per year for 11.00 years into an account that earns 9.00%. Assuming the first deposit is made 6.00 years from today, how much will be in the account 37.00 years from today?