- 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?
- 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 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?
- Man invested 35 000 in a bank paying 9 for 2 years and the balance in another bank paying 6 interest for 4 years it turns out that the two investments earned equal interest how much was invested at each rate
- 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?
- Janelle opens an account into which she deposits 200 each month for 10 years if the account pays 7 5 compounded monthly how much will be in the account at the end of the 10 year period
- 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?
- Initially deposits 1000 pays interest rate of 5 in arranges to pay per week chegg
- When a deposit of dollar sign baseline 1000 is made into an account paying 6 interest compounded?
- 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
- 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?
- Eloise is investing in a retirement account she plans on adding an additional 50 at the end of every year and the expected rate of return is 3 of the amount invested calculated at the end of the month if she starts with 1000 in the account how much money will she have one year after she started the investment
- If company offers to pay u 5002 annually for 6 years if u deposit 20000today what interest do u earned?
- 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
- 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?
- A regular savings account is an account at a bank that pays interest on the deposits within the account not to be confused with a certificate of deposit a regular savings account is completely liquid and funds can be withdrawn from the account at any time without penalty
- Which do you prefer a bank account that pays9 9 per year ear for three years?
- A bank account pays 4 interest per year if you deposit 1 000 into this account at the start of each year for three years how much will your account balance be at the end of three 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 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?
- Baby s joe s grandparents decided to start depositing 1300 yer in his 5th birthday and plan to continue doing so unitl his 20th birthday how much money will be in the account on his 20th birthday assuming it makes 5 per year interest
- 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?
- Withdraw 6 500 at the end of three years and 8 000 at the end of five years he wants to do this in such a way that the account balance drops to zero after the last withdrawal assuming that the interest rate is 5 how much money should mark deposit today to ensure that his needs are met
- 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 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 much interest in bank annualy in the phgilippines?
- Your bank pays 5 1 interest compounded monthly suppose you deposit 150 at the end of each month for 12 years
- 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?
- 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 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?
- 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
- Who earns more in a year x 2500 each month y 800 each week?
- 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