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What Time Value of Money Table would you use to Calculate the amount a person would have to deposit today to be able to take out 500 a year for 10 years from an account earning 8 percent?
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What is the account balance if you deposit 125 at 6 percent for 10 years?
It is 223.86
You deposit 300 today 500 one year from now and 600 four years from now into an account that earns 8 percent compounded annually How much money will you have 7 years from now?
Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest
What lump sum will Jim need to deposit now in an account paying 7.25 percent compounded quarterly if he wants to have a balance of 50000 in 15 years?
He should deposit 17017.82
Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
How much do you need to deposit now into an account which pays you 3 percent compounded monthly to have 10000 in 25 years?
Deposit 4776.06 The frequency of compounding does not matter since the annual interest rate is given.
What is the account balance if you deposit 125 at 6 percent for 10 years?
It is 223.86
You deposit 300 today 500 one year from now and 600 four years from now into an account that earns 8 percent compounded annually How much money will you have 7 years from now?
Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest
What is the balance after 8 years on a deposit of 500.00 earning 7 percent interest compound semiannually?
(1.035)16 = 1.73398604 $500 ===> $866.99 (rounded)
Shaun wants to split his 500 into two accounts He wants to deposit 125 at 4.9 percent interest in one account and the rest at 5.0 percent interest in another account?
24.88
If you deposit 10000 in a bank account that pays 10 percent interest anually how much would be deposited in your account after 5 years?
5000
One year ago marahall made a deposit in a bank account that had an annual rate of 5.5 he now has 279.58 in his bank account how much money did marshall originally deposit?
Based on a 5.5 percent annual return, Marshall's original deposit was $265.
What is the balance after 7 years if you deposit 350 every quarter into a savings account that earns 4.5 percent interest compounded quarterly?
$11,573.02 if you deposit at the beginning of the quarter or $11,444.27 if you deposit at the end of the quarter
Packer wants to place 700.00 into a savings account for 5 years He wants to deposit 400.00 at 4.0 percent and the rest in another account at 6.5 percent What would his amount of interest be at the en?
177.50
What lump sum will Jim need to deposit now in an account paying 7.25 percent compounded quarterly if he wants to have a balance of 50000 in 15 years?
He should deposit 17017.82
Jerry invested 14000 in a certificate of deposit at 5 percent he also put 2500 in a savings account at 3 percent how much interest will he earn after?
775
Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
Roxanne deposited 300 into a savings account earning 5¼ percent annually What is her balance after 1 year?
If Roxanne had $300 in her savings account which had a 5% APR, her balance after one year would be $315. You would calculate this by multiplying 300 by .05, which equals 15, and add that to the original balance of 300.
