- If you deposit 10 000 today into an account earning an 11 annual rate on return in the third year how much interest would be earned how much of the total is simple interest and how much results from compounding of interest?
- Today you turn 23 your birthday wish is that you will be a millionaire by your 40th birthday in an attempt to reach this goal you decide to save 50 a day every day until you turn 40 you open an investment account and deposit your first 50 today what annual rate of return must you earn to achieve your goal
- How much interest would you receive if the rate was 95?
- Hannah would like to make an investment that will turn 5500 dollars into 25000 dollars in 5 years what quarterly rate of interest compounded four times per year must she receive to reach her goal
- How much interest would i earn on a 10 000 savings account after 6 months?
- Your grandparents put 1000 into a savings account for you when you were born 20 years ago this account has been earning interest at a yearly compound rate of 7 percent
- If 10 000 with compound interest of 6 is left in the bank for one year what is the amount accumulated?
- You deposit 10 000 in a certificate of deposit that pays interest of 4 25 per annum what amount will your deposit grow to after five years if the bank compounds interest
- What benefits do should i expect if i open an account with 100 000 dollars?
- Calculating how much 1 000 00 would have made in interest if bank account was opened ten years ago
- What would a cd balance be with deposits of 1250 per year for 60 years?
- You plan to make a series of deposits in an individual retirement account you willl deposit 1 000 today 2 000 in two years and 2 000 in 5 years
- How to save from newborn to adult compound interest?
- Assume that 4 years from now you will need us 1 000 your bank compounds interest at an 8 annual rate if you want to make equal payments at years 1 through 4 to accumulate the 1 000 how much each of the 4 payments be
- How much interest can be accumulated during one year on a 1 000 deposit paying continuously compounded interest at an apr of 10?
- You deposit 10000 into a fund paying 4 interest compounded annually you withdraw 1000 at the end of each year for how many years can you do this
- If you put 125 into an account that paid 3 25 percent interest then how much money would you have in the account after 20 years?
- You deposit 1 100 at the end of each year into an account paying 11 6 percent interest required a how much money will you have in the account in 18 years
- How to put 10 000 00 dollars in the bank in 6 months?
- 5000 dollars 8 percent annually total after 12 months
- If account pay 30 in interest how much money would they need to depsoit to be at 15000 00 in 5 years?
- A finanical institution offers a double your money savings account in which you will have 2 in 10 years for every dollar you invest today what annual interest rate does this account offer
- If i have 385 000 and draw 1200 per month how long will it last?
- You want to accumulate 100 000 by depositing 1 000 every six months you can earn 20 annual interest with semi annual compounding how long will it take
- How much will you need to deposit today in an account paying 7 if you wish to have 1 000 in 5 years?
- Assume that you deposit 10 000 today int an account paying 6
- If i put 10 000 in the bank at 1 40 for 3 months how much does that pay?
- Tanisha wants to have 1000 in her bank account in 5 years how much money should she deposit if her account earns 6 interest which is compounded 2 times per year
- How many years will it take for 5000 to become 25000 at 8 interest rate?
- The cost of an automobile is 10 000 if the interest rate is 5 how much would you have to set aside now to provide this sum in five years in excel
- If you need 40 000 eight years from now what is the minimum amount of money you need to deposit into a bank account that pays 7 annual interest compounded give your answers to the nearest cent annually?
- You deposit 10 000 in a money market account that pays an annual interest rate of 4 4 the interest is compounded quarterly how much money will you have after 2 years
- How long would 268000 last if i took 1950 per month for 20 years?
- Monthly deposits are 800 how much money does he have after 15 years
- How long does it take to reach a 1000000 starting with 25000 at 25 percent per week?
- Finance you deposit 2000 in an account that pays 2 annual interestcompounded quarterly how long will it take for the balance to reach 2400
- If you deposit 1500 per month into a credit union savings account?
- Johny plans to initially deposit 1500 in a savings account and then deposit 200 at the end of every month
- If you invest 2 000 today withdraw 1 000 in 3 years deposit 3 000 in 5 years deposit 1 500 in 8 years and withdraw the entire sum 3 years after the final deposit how much will you withdraw?
- You invested 1 000 000 in your money market mutual fund five years ago the return on the fund is 5 per year you plan to make annual withdrawal of 80000 starting today how many years can the fund last before you run out of money
- How much interest on 18000 at 050?
- After placing 10 000 in a savings account paying annual compound interest of 6 percent
- What plan can you contribute 25 00 per month and receive 1 000 000?
- You plan to contribute 5 000 per year for 30 years into your retirement account if you wanted to have 500 000 when you retire in 30 years what apr would you need to earn
- If i have 4000 in my checking account what is the monthly interest?
- An investment account pay 7 2 annual interest compounded monthly if 200 000 was invested how many years will it take for the account to accumulate 29 500
- If the annual interest rate is 8 what would you expect to pay for a bond paying a lump sum of 10 000 in ten years?
- Your parents will retire in 18 years they currently have 250 000 and they think they will need 1 000 000 at retirement what annual interest rate must they earn to reach their goal assuming they don t save any additional funds
- If you put 10 000 in a savings account that pays interest at the rate of 5 percent compounded annually b how much interest will you earn during the 4 years round the answer to the nearest cent?
- The future value of 1 000 in two years that earns 6 percent round your answer to the nearest whole dollar
- How to work ou the problem if you put 45000 today in exchange for a 6 25 15 year annuity what will the annual cash flow be?
- Suppose you start saving today for a 10 000 down payment that you plan to make on a house in 5 years assume that you make no deposits into the account after your initial deposit the account has annual compounding and an apr of 2 7 what is the formula for how much would you need to deposit now to reach your 10 000 goal in 5 years
- How do i make profit if i have 15 000 deposit?
- Suppose you start saving today for a 10 000 down payment that you plan to make on a house in 5 years assume that you make no deposits into the account after your initial deposit the account has annual compounding and an apr of 2 7 how much would you need to deposit now to reach your 10 000 goal in 5 years
- If cindy deposits 12 000 into a bank account that pays 6 interest compounded semi annually what will the account balance be in seven years?
- Suppose you put 20 000 in an account that earns interest at an apr of 4 compouned annually determine accumulated balance after 8 years how much interest was earned in the 8 years
- If cindy deposits 12 000 into a bank account that pays 6 interest compounded semi annually what will the account balance be in seven year?
- You deposit 1000 in an account that pays an apr of 7 compounded annually how long will it take for your balance to reach 100 000
- If a single deposit is invested at 1 9 interest how much will accumulate in 5 years?
- Invested 10 000 in a money market account at 7 65 interest how much will they have in this account in 5 years if the interest is compounded continuously
- If you will be making equal deposits into a retirement account for 10 years with each payment at the end of the year how much must you deposit each year if the account earns 5 compounded annually and you wish the account to grow to 1 000 000 afte?
- To withdraw the following 1000 payment series determine the absolute minimum amount of deposit p that should be made now assuming that deposits earn an interest rate of 10 compounded annually note that you are making another deposit at the end of year 7 in the amount of 500
- If alex invests 7 500 at a 5 simple interest rate how much money must he invest at a 6 simple interest rate in order for the interest on each investment to be 250 assume that the amount of time for both investments is the same?
- Susan invests 3 times as much money at 11 as she does at 8 if her total interest after 1 year is 2460 how much does she have invested at each rate
- What simple interest rate would a bank have to offer a client to compete with another bank that offers 20 return compounded daily?
- Suppose a bank offers 6 interest if you put enough in the bank you can live off the interest how much money would you have to put in the bank if you wanted an income of 30 000
- If we borrowed 10 000 on a line of credit september 1 and the bank charges 12 percent per annum compounded daily the daily interest due on the line of credit is approximately?
- Jim duggan made an investment of 10 000 in a savings account 10 years ago this account paid interest of 5 5 for the first 4 years and 6 5 interest for the remaining 6 years the interest charges were compounded quarterly
- How much wil she owe in 2 years after she opened the line of credit?
- In each case you invest the same amount 3 000 every year the fund earns the same return each year 10 percent and you make each investment for the same time period 20 years at the end of the 20 years you withdraw the funds why is the final in each mutual fund different