Hannah wants to have $ 7500 to help pay for a new deck in 16 years. If she wants to put her money into an account earning 6.25% interest compounded continuously, how much should she invest now, so that she will have $ 7500 in 16 years?
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Hannah wants to have $ 7500 to help pay for a new deck in 16 years. If she wants to put her money into an account earning 6.25% interest compounded continuously, how much should she invest now, so that she will have $ 7500 in 16 years?
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- Hannah wants to have $ 6500 to help pay for a new deck in 16 years. If she wants to put her money into an account earning 5.75% interest compounded continuously, how much should she invest now, so that she will have $ 6500 in 16 years? Payment amount =Hannah wants to have $1500 to help pay for a new deck in 13 years. If she wants to put her money into an account earning 8.5% interest compound continuously, how much should she invest now, so that she will have $1500 in 13 years? Payment amount =Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If the bank CD she wants to invest in will pay 7.5 percent annually, how much will she have to invest today
- Jamie wants to have $800,000 for her retirement in 25 years. How much should she save annually if she expects to earn 10% on her investments?Carol wants to invest money in an investment account paying 8% interest compounding semi-annually. Carol would like the account to have a balance of $58,000 three years from now. How much must Carol deposit to accomplish her goal?Sarah wants to have $20,000 in nine years. If she puts the money in an account which pays 4% compounded monthly, how much does she need to invest?
- Cheryl is setting up a payout annuity with her bank. She wants to receive a payout of $1200 per month for 20 years. A. How much will she have to deposit if she earns 8% interest compounde monthly? B. What's the total she will receive from her payout annuity?Ms. Lee is thinking about her retirement fund and she still have another 15 years to reach her retirement time. She deposits RM4,800 each year in the investment that give 6% until her retirement day. How much she will have accumulate?Jamie wants to have $1,000,000 for her retirement in 25 years. How much should she save annually if she thinks she can earn 10% on her investments?
- Aini wishes to have 93,000USD to purchase a car in 6 years as part of her financial goals. How much should she save annually if she thinks she can earn 8% on her investments?Ann would like to have $20,000 saved in 7 years from today and can earn 3.8% on deposits. She plans to make sporadic deposits of $2,000 one year from today, $2,500 3 years from today, $500 at year 7. She plans to make one additional payment 4 years from today. How much must she deposit in 4 years to meet her goal?How long will it take for Michelle's investment to be worth $55,000 if she presently has $32,000 and can earn 10% interest, compounded annually?