How much money should a company deposit into an account now so that they will have $50,000 in 6 yeats if the account earns 4% interest, compounded quarterly?
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How much money should a company deposit into an account now so that they will have $50,000 in 6 yeats if the account earns 4% interest, compounded quarterly?
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- Suppose you deposit $100,000 in an account today that pays 6% interest, compounded annually. How long does it take before the balance in your account is $500,000?Suppose that $4500 is invested in an account that pays 2% annually and is left for 4 years. 1) How much will be in the account if interest is compunded quarterly? 2) How much will be in the account if interest is compouded continuously?How much money should a company deposit into an account now so that they will have $50,000 in 6 years, if the account earns 4% interest, compounded quarterly?
- How much money will be in s bank account after thress years, if the account pays 6% inerest compounded quaeterly, 5000 is deposited today, and 2000 is withdrawn one year from now ?Suppose you deposit $1,500.00 into and account 7.00 years from today into an account that earns 14.00%. How much will the account be worth 14.00 years from today?How much would you need to deposit in an account now in order to have $6000 in the account in 15 years? Assume the account earns 6% interest compounded monthly.show formule and steps.
- Suppose you are depositing an amount today in an account that earns 5.25% interest, compounded quarterly. If your goal is to have $5000 in the account at the end of six years, how much must you deposit in the account today? Round to the nearest dollar. $3507 $3657 $657 $2765If you invest $1,000 in an account that pays an annual interest rate of 6.4%, compounded monthly, how long will it take for your money to double?Suppose you put £1,000 into a bank account paying simple interest at a rate of 8% per annum. How much money will be in the account after 2 years? £ 数字 Assuming 365 days in a financial year, how many days should the money be left in the account in order to earn £45 in interest? 数字 Enter an integer.
- If you make monthly $500 deposits into your investment account paying 9.58% interest annually, how long will it take for your account value to be $100,000? (The beginning balance of the account is $0)How much should be paid monthly into an account paying 5% interestcompounded monthly so that the account will have a value of $15,250 in 15 years? How much interest was paid into the account?how much should you deposit in a bank paying 2% compounded quarterly to accumulate an amount of 80,000 in 5 years and 9 months ?