- 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?
- 3 you place 1 500 in a savings account earning 3 interest compounded annually how much will you have at the end of four years how much would you have at the end of four years if interest is compounded quarterly
- Would you prefer making a 25 000 investment that will earn interest at the rate of 6 percent compounded monthly or making the same 25 000 investment at 7 percent compounded annually hint consider one year only?
- Suzette opened a cd 10 years ago at an interest rate of 8 2 compounded semiannually according to the rule of 72 when did she have half the amount of money that she has now
- What is the total balance in an account at the end of 3 yeas when the initial deposit was 1 250 and the interest rate is 5 5 compounded annually?
- The client wants to know how long it will take for an initial deposit of 30000 to double at an annually compounded interest rate of 2 0
- How much would you need to deposit in an account now in order to have 26 000 in the account in 5 years assume the account earns 6 interest round your answer to the nearest penny?
- You decide to contribute to a mutual fund that averages 3 4 return per year if you contribute 125 quarterly round all answers to the nearest cent as needed a how much will be in the account after 25 years b how much of this money did you deposit c how much of this money is interest earned
- What would 400 000 grow to in 20 years assuming a four percent rate of annual return?
- Calculate how much a deposit of 1 000 would be worth if left in a bank for ten years at 6 5 percent annual interest
- How much interest would 10 000 earn at 6 compound interest one year?
- Cincinnati company has decided to put 30 000 per quarter in a pension fund the fund will earn interest at the rate of 6 per year compounded quarterly find the amount available in this fund after 10 years
- If a savings account pays 6 p a interest rate how much money do you need to deposit to accumulate 73 731 in 9 years note that the bank will compound interest monthly?
- You deposit 1000 in a bank account the money earns 10 compound interest annually after 2 years what will the balance in the account be
- If you deposit 21 000 per year for 7 years each deposit is made at the end of each year in an account that pays an annual interest rate of 9 what will your account be worth at the end of 7 years?
- You deposit dollar sign 50 number 000 into a bank account use 3 as the annual interest rate to find the number of years before the account holds
- How much would 400 000 be worth if it was compounded monthly at an annual rate of 3 after 12 years?
- Withdraw at the end of 20 years if you make 1 500 monthly deposit at a nominal annual rate of 6 compounded monthly
- How much will be in an account with 8500 at the end of one year with 12 interest each year with no withdraw?
- You want to be able to withdraw 35 000 from your account each year for 25 years after you retire if you expect to retire in 15 years and your account earns 7 interest while saving for retirement and 6 8 interest while retired
- How much interest u get in honkonkong bank of rs 500 per month in current account?
- Your friend has just started a savings account that is currently paying 5 interest if inflation is expected to be 7 this next year your friend will be earning a
- If i depost 10000 into a cd that pays 2 00 how much would that be a month?
- Invest 10000 once and 300 monthly 25 years
- If you have 100 in a savings account and the interest rate is 10 per year and you never withdraw or deposit money how much will you have in the account after?
- 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
- How do you get a savings plan that gives you 12 interest?
- After placing 10 000 in a savings account paying annual compound interest of 6
- I deposit 10 000 at 8 how long before i can withdraw 2000 per year forever?
- Trey deposits 2000 into an account that pays simple interest at a rate of 5 per year how much will he be paid in the first 2 years
- How much money would you have to have in the bank to make 1000 month?
- Cameron has 16225 to deposit into a savings account for 42 months if he deposits his money into an account paying 6 55 compouned monthly how much will he have at the end of the 42 months
- If i opened a bank account 5 year ago with 100 and know i have 1000 how much percent has it increased?
- Suppose the amount of money in a bank account with an initial balance of 25 000 earns 1 5 percent interest per year if the exponential function is used to model this situation which value would represent b in the function
- Can you give me a deposit of 1000?
- You have an initial deposit of 1000 at an interest rate of 8 how much do you have in 5 years
- If i start with 60000 dollars and have 207000 now what is he interest earned?
- You take a twenty thousand dollars loan now and agree to pay it back in five equal annual payments at the end of each year starting from this year the bank charges four percent compound interest per year each of the five annual payments must 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 an account which pays 4 annual interest compounded quarterly how much money does she have at the end of 25 years
- How much money will tom and tricia have in 45 years if they do nothing for the next 10 years then put 2400 per year away for the remaining 35 years?
- In planning for retirement an investor decides she will save 11 000 every year for 40 years at an 11 return on her investment how much money will she have at the end of 40 years to the nearest hundred thousand dollars
- Is there a bank interest after three weeks of deposit in philippines?
- 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 do you need to deposit to be able to withdraw?
- You are going to deposit 700 in a bank cd today and you will withdraw the money only once the balance is 1 300 if the bank pays 8 percent interest how long will it take for the balance to reach 1 300
- If you deposit 1 000 into a 5 savings account how much interest will you make in one year select one a 5 b 50 c 500 d you would make no interest?
- Sam put 2 000 in a savings account at his bank after 10 years his account balance was 4 000 the interest rate on the savings deposit is
- How do i put 10 000 deposit in exhange for 10 000 worth of common stock on a deposit statement?
- Suppose you are going to need 16 000 in 4 years if you can get an average of 2 5 apr compounded semiannually over that time how much would you need to deposit now in order to meet your goal
- If a bank statement says an account is earning 20 how many zeros after the decimal point?
- 17 if a bank pays quarterly compounding on its savings accounts the ending amount after one year on a 1 000 deposit will be less than if the bank paid annual compounding points 5
- If i made 10 000 on 223 000 what is my rate of return?
- 7 your parents decide to buy an annuity for their new grand child they plan to pay 10 000 to a bank to buy a 10 year 100 month annuity what is their rate of return or yield on this annuity purchase
- I want to have 2 million in savings in 40 years how much do i need to save each year nominal return on investment is 10 percent inflation rate is 3 8?
- Frank has 15 000 in his savings account and can save an additional 5000 per year if interest rates are 12 how long will it take his savings to grow to 50 000
- If you would like to have 2 000 000 in your savings account after 30 years what is the amount you need to deposit annually if the savings account earns an annual interest rate of 5?
- Mary deposits 75 in her bank account which has an annual insterest rate of 3 write an exponential function to model the amount of money in her bank account what will be the approximate amount of money after 5 years
- How much would be in your savings account in 7 years after depositing 260 today if the bank pays 10 percent per year?
- Down payment of dollar sign 40 number 000 point if they want to buy their home in 2 years how much should they save each month in their savings account that pays 9 per annum compounded monthly
- If you deposit rs 10 000 today in a bank that offers 8 interest how many years will this amount double by 72 rule?
- You deposit 100 per year in a bank that offers compound interest at a rate of 6 for five years your total earnings in interest are
- If you want to have 15 000 in 3 years how much do you need to put in a savings account today that pays 5 compounded annually?
- You depodiy 6000 in an account that pays 5 25 simple interest after 10 years the interest rate is 5 4 compounded quarterly
- How much would a 1000 deposit be worth if left untouched for 10 years at 6 5 interest accumulation?
- You put away 1000 into your savings account and will earn a guaranteed 7 interest rate over the next 25 years to the nearest cent how much will be in your account at the end of those 25 years
- If a savings account started at 200 and earned 7 per year how much would be in the account at the end of 12 years if you are able to add 40 per year?
- Put 1000 per year into a savings account for 20 years at 8 interest
- What if i deposit 60000 in one year to a personal account?
- Deposit 1000 at 1 2 per year in savings account what is the balance at the end of 15 years