- 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 put 10 000 in a simple interest account at a bank you will earn 1 800 in just 4 years what is the annual interest rate for the account
- 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?
- 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
- 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 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 i deposit 800 into the bank july 2009 how much interest would i have now?
- 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 i put 30000 in a roth how much interest will it accumulate in 5 years?
- 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 you desposit 10000 in a bank account that pays 10 percent insterest?
- 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 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?
- 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 one makes 476 00 in interest at 3 percent how much is in account?
- According to the table if the interest rate on this account were 10 percent how much money would you have on the account at the end of the year open study
- If you deposit 1000 in a bank account that pays 12 interest annually how much would be in your account after 6 years?
- 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 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?
- 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
- 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?
- 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 8 compounded annually how much is in the account at the end of 50 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?
- For retirement planning you decided to deposit 1 000 per month and increase your deposit by 100 per month how much will you have at the end of 10 years if the bank pays 3 annually compounded monthly
- 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 500 into a retirement account that pays 10 3 percent interest compounded monthly
- What are the four annual deposits that canden should make at the beginning of each year round your answers to the nearest whole dollar?
- Determine the amount of money to the nearest dollar you must invest now at 7 per year compounded annually so that you will be a millionaire in 40 years
- 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 re prepared to make monthly payments of 250 beginning at the end of this month into an account that pays 8 percent interest compounded monthly how many payments willl you have made when your account balance reaches 50000
- Is sip starts with 2500 permonth?
- Hannah would like to make an investment that will turn 8000 dollars into 25000 dollars in 8 years what quarterly rate of interest compounded four times per year must she receive to reach her goal
- Do banks offer a plan that pays 7 interest guaranteed for 7 years?
- A person deposits 6000 per year into a retirement account which pays interest at 8 per year determine the amount of money in the account at the end of 30 years
- 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?
- 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
- I deposit 1500 in an account wih a 4 apr what the balance after one year?
- Deposit br 400 a month for two years in to an account the pays 7 compounded monthly after the two years the person leaves the account untouched for an additional three years what is the balance after 5 years
- How much money will i make with 35000 at 1 70 apr for 23 months?
- F you deposit 1 000 into a savings account that pays you 5 interest per year approximately how long will it take to double your money
- If you deposit 50 00 dollar in a aroth and never make another deposit would the interest amount to a lot in 10 years?
- Assuming you intend to invest 12 000 interest at 8 what equal amount of money can withdraw at the end of the year for the next 12 years
- 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?
- F you put 1 000 in a savings account that pays 5 interest compounded continuously how much money will you have in your account in 10 years assume you make no additional deposits or withdrawals
- If a child at 16 invests 2000 a year for 5 years and then leaves it for 40 years?
- A child s parents wishes to have 40 000 in 15 years to pay for the child s college education what amount should they deposit now if they can earn 8 compounded annually to achieve this goal
- If jim opens an account with 3000 today with an intrest of 10 percent follow up with 3 deposit 2000 more every time for 3 years whats the compound interst?
- Peter harris sets up an ordinary annuity account with his credit union starting a month from today he will deposit 100 per month and deposit will earn 5 1 per year compounding monthly find a the value of peter s account 10 years from today b the total of all deposits over the 10 years and c the total interest earned
- If you deposit 500 at a rate of 4 25 per year how much intrest will you hv ave in 10 years?
- 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
- If you deposit 300 at the end of every quarter in a savings accountthat pays a nominal apr of 6 compounded weeekly how much will you have at the end of a year?
- Francisco invested 5 000 into an account that earns compounded quarterly waht will be the value of his account in 5 years if no other deposits or withdrawals
- If a deposit of 108 is made on the first day of each month into an account that pays 9 interest per year compounded monthly determine the amount in the account after 13 years round your answer to the nearest dollar?
- 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
- If you leave 10 000 dollars in a savings account?
- Frank invests 6500 dollars into an account earning interest compounded quarterly after 10 years there is 8200 in the account what was the interest rate
- What is the total amount of money that will accumulate in a savings account if you put 5 000 00 into it and leave it for 5 years at 4 interest rate how much interest will you earn over the 5 year period?
- 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