- If you put 4 000 in a saving account and make additional deposits of 1 000each year what type of calculation would provide you with the value of the account in 20years?
- You put 1000 in a savings account which earns compound interest at a rate of 0 1 per month if you don t make any deposits or withdrawls how much will you have in your account in 3 years 36 months round your answer to the nearest whole cent
- If you deposit 10 000 in a bank account?
- James makes a deposit of 15 000 in a bank account the deposit is to earn interest at the rate of 4 percent for seven years how much will james have on deposit at the end of seven years
- What should i deposit 10000 into for savings?
- You need to accumulate 10000 for a trip you wish to take in four years you are able to earn 8 compounded semiannually on your savings you plan to make only one deposit and let the money accumulate for four years how would you dtermine the amount of the one time deposit
- If you deposit 5 339 into a fund today that earns 5 interest compounded monthly what minimum payment can you withdraw at the end of each month for 7 years so that the account has a 0 balance?
- You will deposit 10 000 today it will grow for 10 years at 10 interest compounded monthly you will then withdraw the funds quarterly over the next 4 years the annual interest rate over those 4 years is 8 your quarterly withdrawal will be
- If you deposit 12 000 in a money market account that pays 6 in interest and if you don t make any withdrawals how much will you have in your account at the end of 16 years?
- Suppose you deposit 1 000 into a bank account that pays 5 interest per year if you do not make any additional deposits or withdrawals how much money will be in the account at the end of 10 years
- If you invest 1 500 today in a bank that gives you a 5 percent annual interest rate which of these items can you buy in two years?
- You deposit 10 per month in a bank that offers an annual interest rate of 6 at the end of three years your balance is
- How much money would need to be put quarterly into an ordinary annuity at 8 compounded quarterly to have 14 000 when the account reaches 5 years round to the nearest dollar and do not put the in your answer?
- Compound interest if dollar sign 15 450 is put in a money market account that pays 5 1 a year compounded continuously how much will be in the account in 13 years round your answer to two decimal places the amount in the account after 13 years is dollar sign
- If you borrow 550 from a credit union at 14 annual interest and 200 from a bank at 15 annual interest what is the effective annual interest rate that is what single rate of interest on 750 would result in the same total amount of interest round your answer to one decimal place?
- Problem 5 1 future valueif you deposit 10 000 in a bank account that pays 10 interest annually how much would be in your account after 5 years round your answer to the nearest cent
- If juan puts 10 000 in a savings acount that yields 10 percent compounded semiannually how much money will he have in the account in one year?
- A you need to accumulate 10 000 for a trip you wish to take in four years you are able to earn 8 compounded semiannually on your savings you plan to make only one deposit and let the money accumulate for four years how would you determine the amount of the one time deposit
- I need someone to that has 10 000 dollars to put into my savings account and keep it there for only 16 months with interest i will not touch?
- You deposit 700 in an account that pays 4 25 per year what is the interest earned after 30 months
- If i deposit 800 into the bank july 2009 how much interest would i have now?
- Determine how long it will take to accumulate at least 10 000 in a bank account if you deposit 500 initially and 500 at the end of each year if the account pays 5 percent annual interest
- If i put 30000 in a roth how much interest will it accumulate in 5 years?
- After placing 8 000 in a savings account paying annual compound interest of 7 calculate the amount that will accumulate if it is left for 10 years
- If you desposit 10000 in a bank account that pays 10 percent insterest?
- One bank pays 5 5 percent annual interest while a second bank pays4 5 percent annual interest determine how much longer it will take toaccumulate at least 50 000 in the second bank account if you deposit 1000 initially and 1000 at the end of each year
- If you deposit 1 000 today in a bank account paying 10 how much will you have in one year if you need 2 000 in one year how much do you have to deposit today assume 10 return?
- You deposit 6 000 a year starting one year from today for four years into a savings accountpaying 6 per annum that is four deposits of 6 000 per year how much money will you have immediately after you make your fourth and final deposit
- If you deposit 15 000 in a bank account that pays 10 75 interest annually how much would be in your account after 17 years?
- 1 if you deposit 10 000 in a bank account that pays 10 interest annually how much will be in your account after 5 years
- If one makes 476 00 in interest at 3 percent how much is in account?
- After placing 10 000 in a savings account paying annual compound interest of 6 percent
- If you deposit 1000 in a bank account that pays 12 interest annually how much would be in your account after 6 years?
- A 1000 deposit is made at a bank that pays 12 compounded annualy how much will you have in your account at the end of 10 years
- If i deposit 55 000 in an account earning 10 per year?
- You put 10 000 in an account earning 5 after 3 years you make andother deposit into the same account four years later that is 7 years after your original 10 000 depost the account balance is 20 000 what was the amount of the deposit at the end of year 3
- If you deposit 1000 in a bank account that pays 105 interest annually how much will be in your account after 5 years?
- You deposit 1 200 in your bank account if the bank pays 5 simple interest how much will you accumulate in your account after 8 years
- If you are 20 and on your 20th birthday you start investing 2 000 annually on your birthday for just 9 years into an account earning 10 interest per year even if you don t put in another penny after that initial 9 years how much will you have in 40 years at the ripe old age of 60?
- 4 1 if you deposit 10 000 in a bank account that pay 10 interest annually how much will be in your account after 5 years
- How long will it take for your initial investment of 2 325 to reach 12 100 if the money is invested in an account that pays an interest rate of 8 every year?
- Mr wilson invested money in two accounts his total investment was 40 000 if one account pays4 in interest and the other6 in interest how much does he have in each account if he earned a total of 2 100 in interest in 1 year
- How much money will tom and tricia have in 45 years if they do nothing for the next 10 years?
- You have 1000 in a savings account and the compound interest rate is 5 per year after 5 years how much money approximately do you have in the savings account if you left the money to grow
- When you graduate college at the age of 20 you want to start saving up for retirement if your investment pays a fixed apr of 9 and you want to have 2 5 million when you retire in 45 years how much would you need to deposit on a monthly basis to reach this goal assume an ordinary annuity?
- Andrea a self employed individual wishes to accumulate a retirement fund of 300 000 how much should she deposit each month into her retirement account which pays interest at a rate of 5 5 year compounded monthly to reach her goal upon retirement 20 years from now
- If an equal monthly deposit of 800 is made into an account for nine years with the first deposit made one month from now determine the amount in the account after nine years if the interest rate is a 12 compounded monthly b 12 compounded continuously c 12 compounded yearly?
- You are to make monthly deposits of 700 into a retirement account that pays 10 2 percent interest compounded monthly required if your first deposit will be made one month from now how large will your retirement account be in 32 years
- What are the four annual deposits that canden should make at the beginning of each year round your answers to the nearest whole dollar?
- Marnie makes regular annual payments of 5 000 to her individual retirement account ira if the amount of interest she earns is 5 6 per year determine the future value of the account after 35 years round to the nearest cent a 540 581 69 b 511
- If on your 21st birthday you begin putting 100 every month into a retirement account that earns 8 percent annually compounding every six months what would your account balance be by the time you turn age 65?
- You make 5 700 annual deposits into a retirement account that pays 10 8 percent interest compounded monthly
- Is sip starts with 2500 permonth?
- Susan invests her daughters inheritance of 2500 in a bank account earning 2 5 interest of
- Do banks offer a plan that pays 7 interest guaranteed for 7 years?
- Suppose you invest in an account that pays 6 interest compounded quarterly you would like your investment to grow to 8000 in 14 years how much would you have to invest in order for this to happen
- If you borrow 500 from a credit union at 8 annual interest and 200 from a bank at 15 annual interest what is the effective annual interest rate that is what single rate of interest on 700 would result in the same total amount of interest round your answer to one decimal place?
- Sandy sets aside 10000 at the beginning of each year into a bank account that pays an annual effective interest rate of 5 5 she makes 25 such deposits
- I deposit 1500 in an account wih a 4 apr what the balance after one year?
- In the previous problem suppose you make 6 000 annual deposits into the same retirement account how large will your account balance be in 35 years
- How much money will i make with 35000 at 1 70 apr for 23 months?
- James just received an 8 000 inheritance check from the estate of his deceased rich uncle james wants to set aside enough money to pay for a trip in five years if the trip is expected to cost 5 000 how much of the 8 000 must james deposit now if the rate of return is 12 per year in order to have the 5 000 in five years
- If you deposit 50 00 dollar in a aroth and never make another deposit would the interest amount to a lot in 10 years?
- A person deposits an amount of rs 10000 at 10 p a compound interest for the 1st year the interest is compounded annually for 2nd year the interest is compounded half yearly at the end of two years the sum amounts to
- If 6200 is invested in a savings account for which interest is compounded semiannually and if the 6200 turns into 7100 in 3 years what is the interest rate of the saving account?
- A teenager has 10 000 invested in a checking account paying 2 5 per year and a savings account paying 6 5 per year the total interest earned in the two accounts at the end of the year was equivalent to an annual rate of 6 on the entire 10 000 how much was invested in each account