- 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?
- A man deposits certain sum in a bank for two years at a rate of 10 compounded annually the interest he receives on that sum after two years is rupees 525 what will be the simple interest on the same sum for double the time at half rate of interest per annum
- 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?
- 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?
- Suppose that you deposit 9000 into a certificate of deposit cd today the deposit earns 99 interest compounded monthly a how long will it be before the account is worth 12000 b how long will it be before the account is worth 18000 that is how long will you have to wait until your money doubles
- 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 deposit of 1000 is made in an account that earns 7 interest comounded quarterly the balance in the account after n quarters is given by the following sequence find the balance in the account after ten years
- If company offers to pay u 5002 annually for 6 years if u deposit 20000today what interest do u earned?
- Deposit 4 000 in the bank at the end of each year for 30 years interest of 5 25 what amount wil you have if interest is copounded annually
- 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?
- Erika just put 10 000 into a new savings account and she plans to contribute another 20 000 one year from now and 50 000 two years from now the savings account pays 6 annual interest with no other deposits or withdrawals how much will she have in the account 10 years from today
- 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?
- 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?
- 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 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 plan to make deposit 500 into a bank account for two years at the beginning of each month you expect to have 13 000 in your account at the end of the 24th month what is the nominal annual interest rate apr consider monthly compounding
- 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?
- 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 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 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
- How much interest in bank annualy in the phgilippines?
- 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 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?
- Invests br 2 400 in bank at 5 how much additional money must she invest at 8 so that the total annual income will be equal to 6 of his entire investment
- 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 need to accumulate 10 000 to do so you plan to make deposits of 1 800 per year with the first payment being made a year from today into a bank account that pays 11 58 annual interest your last deposit will be less than 1 800 if less is needed to round out to 10 000
- 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