- If mary has been advised to keep the 50 000 in her savings account earning 4 percent compounded monthly how much additional money would she have to set aside in the stock mutual fund to have the 100 000 for her son s education in 18 years?
- Peter is saving money for a vacation he wants to take five years from now if the trip will cost 1 000 and he puts his money into a savings account paying 4 percent interest compounded annually how much would peter need to deposit today to reach his goal without making further deposits
- If you have 20 000 in a bank account that is paying an interest rate of 5 percent that is being compuonded annually how many years will it take to double investment if the interest rate stays the same?
- An employee invests 19 750 in a corporate retirement account that pays 15 58 annual interest compounded annually find future value of the investment after 10 years
- How many years will it take your account value to reach 1 million dollars if you start off with an initial deposit of 10000 and make monthly deposits of 240 after that in an account that pays 9 23 apr compounded monthly?
- You are to make monthly deposits of 850 into a retirement account that pays an apr of 9 6 percent compounded monthly if your first deposit will be made one month from now how large will your retirement account be in 33 years
- How much must you deposit each year into your retirement account starting now and continuing through year 8 if you want to be able to withdraw 95 000 per year forever beginning 34 years from now assume the account earns interest at 12 per year?
- You have decided to make annual payments in to your retirement account you will open the account today and will make a deposit of 7 thousand into the account at the end of each year for 10 years assume the retirement account earns 5 4 annual interest how much will the account be worth at the end of 10 years
- If holly wants a total of 1000 in the bank and you have an interest rate of 4 how much miney should she put it the bank initially?
- Ten years ago your rich aunt placed 10000 dollars in a cd at the bank that compounded quarterly with a nominal annual interest rate of 5 per year by what percent did this investment increase over the 10 year period
- When a deposit of dollar sign baseline 1000 is made into an account paying 6 interest compounded?
- You receive 1000 to put in the bank you place it in an account that pays 4 annual interest compounded continuously how much will you have in 15 years round the answer to the nearest dollar
- If i deposit 100000 as principle amount in a bank and deposit 50000 per year what will be your amount after 27 yeras if money doubles after 3 years?
- Deposits 100 in a bank account that doubles his money how much money will he have in 20 years
- If you deposit 5 339 into a fund today that earns 6 interest compounded monthly what minimum payment can you withdraw at the end of each month for 5 years so that the account has a 0 balance?
- Isabel deposits 6 000 into an account that earns 1 5 interest compounded monthly assuming no more deposits and no withdrawals are made how much money is in the account after 4 years
- If you make a single deposit 10 000 into a bank account that pays 10 interest annually how much would be in your account after 15 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 lindsay invests 11 000 at return of 6 what would be the balance at the end of 20th year in the account?
- A customer deposits 500 in an account that pays 4 annual interest what is the balance after 3 years if the interest is compounded annually compound interest formula mc017 1 jpgt years since initial depositn number of times compounded per yearr annual interest rate as a decimal p initial principal investmentv t value of investment after t years
- If company offers to pay u 5002 annually for 6 years if u deposit 20000today what interest do u earned?
- A company deposits 1000 00 in a bank at the beginning of each year for 15 years the account earns 6 interest compound every 6 months what is in the account at the end of 15 years
- How much can the couple withdraw from the bank account semiannually if each equal withdrawal is made at the end of every half year after retirement?
- Moneysaver s bank offers a savings account that earns 9 interest compounded continuously if chris deposits 2800 how much will he have in the account after seven years assuming he makes no withdrawals
- If you confirm usd to account no 110060635018150103616 our bank will real time settlement into it?
- Suppose your bank pays you 6 interest per year on your savings account so that 100 grows to 106 over a one year period if prices increase by 3 per year over that time approximately how much real value do you gain by keeping 100 in the bank for a year
- Which do you prefer a bank account that pays9 9 per year ear for three years?
- You want to deposit sufficient money today into a savings account so that you will have 1 000 in the account three years from today explain why you could deposit less money today if you chose a bank account that compounded interest on a quarterly basis compared to an annual basis
- If you need 50 000 six years from now what is the minimum amount of money you need to deposit into a bank account that pays 5 annual interest compounded give your answers to the nearest cent?
- Reaching a financial goal you need to accumulate 10 000 to do so you plan to make deposits of 1 850 per year with the first payment being made a year from today into a bank account that pays 7 85 annual interest your last deposit will be less than 1 850 if less is needed to round out to 10 000 how many years will it take you to reach your 10 000 goal round your answer up to the nearest whole number 4 points year s how large will the last deposit be round your answer to the nearest cent
- 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?
- Suppose instead starting on your 18th birthday you put that 260 00 into a bank account each year at 5 interest until you retire at age 65 at the end of those 47 years you would have over 46 000 00 in guaranteed money
- If you open a brokerage account with 4500 and you expect to earn an interest rate of 8 57 and you plan to deposit 3000 at the end of years 5 through 10 what is the value at the end of 20 years assuming you earn 8 57 each year?
- You just opened a brokerage account depositing 4 000 you expect the account to earn an interest rate of 10 2 you also plan on depositing 1 500 at the end of years 5 through 10 what will be the value of the account at the end of 20 years assuming you earn your expected rate of return
- When you were 10 years old your grandparents put 500 into an account for you paying 7 percent interest now that you are 18 years old your grandparents tell you that you can take the money out of the account what is the balance to the nearest cent 983 58 859 09 1 111 77 1 200 00?
- An individual earns an extra 2000 each year and places this money at the end of each year into an individual retirement account ira in which both the original earnings and the interest in the account are not subject to taxation if the account has an annual interest rate of 10 9 compounded annually how much is in the account at the end of 30 years round your answer to the nearest cent
- If you deposit 10 000 in a savings account at an annual interest rate of 6 how much will you have in the account at the end of three years?
- 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
- How much interest in bank annualy in the phgilippines?
- You have 5 400 to deposit if you deposit the money in a savings account at your local bank you will earn 1 49 annual interest and will be able to make atm withdrawals at your bank s atms
- If a nurse deposits 12000 today in a real estate investment trust and the interest is compounded annually at 7 percent what will be the value of this investment 5 years from now?
- Deposit 10 000 today and plan to deposit 10 000 annually at the end of each of the next 9 years for a total of 10 deposits the last deposit is made at the end of year 9 and no deposit is made in year 10 you expect to earn 11 interest compounded annually over this accumulation period you then plan to withdraw the funds quarterly over the following 10 years first withdrawal at the end of march of year 11 you expect the annual interest rate over those 10 years to be 9 demonstrate that your total withdrawals
- If you have much money you need to put it away in the bank?
- You deposit 10 000 in a bank account that pays an apr 0f 3 75 and compounds interest daily how much money will you have after 50 years
- If you deposit 11 000 in a bank account that pays 3 interest annually how much would be in your account after 5 years round your answer to the nearest cent?
- Gloria is trying to save for retirement she deposits 200 each month for 20 years into an account that pays 4 2 compounded interest how much will she have in the account at the end of 20 years rounded to the nearest dollar
- Who earns more in a year x 2500 each month y 800 each week?
- Suppose an individual makes an initial investment of 2600 in an account that earns 6 compounded monthly and makes additional contributions of 100 at the end of each month for a period of 12 years after these 12 years this individual wants to make withdrawals at the end of each month for the next 5 years
- If you need 50 000 six 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?
- You want to have 73 000 in your savings account 12 years from now and you re prepared to make equal annual deposits into the account at the end of each year if the account pays 6 80 percent interest what amount must you deposit each year