"If a single deposit of $500,000 is made today, earning 8% interest, compounded QUARTERLY, how much will that amount be worth in 10 years?" $3.419,435 $1,079,462 $600,000 $1,104.020
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- How much will a $100 deposit made today be worth in 10 years if interest is compounded quarterly at an annual rate of 10%? Which of the follwing answers is right? A: $200 B: $259.37 C: $268.51 D: $271.79What is the present value of $14,000 to be received in one year if the interest rate is 8% p.a.? a. $6000 b. $15120 c. $12963 d. $22000If you would like to have$ 10,000 after 8 years, how much money should you deposit now if the interest rate is 12% compounded each year? O a. $4802 O b. $4039 O c. $3764 O d. $5102
- How much will $7500 in savings today be worth 5 years from now if it earns 6%, compounded monthly? a. $11,465 b. $15.091 c. $7.955 d. $247,408 e. $7,686What will $205,000 grow to be in 8 years if it is invested today in an account with a quoted annual interest rate of 13% with weekly compounding of interest? $544,981.06 $579,237.24 $706,669.44 $497,676.70 $829,467.73Suppose you invest $3,800 today in an account that earns a nominal annual rate (inom) of 12 percent, with interest compounded quarterly. How much money will you have after 12 years? a. $5,417.89 b. $15,702.56 c. $14,804.71 d. $875,484.95 e. $51,072.00
- 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 $2765How long will it take a single deposit of $11000 today to grow to $15625, given 14% APR compounded annually? 2.77 years 2.68 years 2.59 years 2.94 yearsHow much would you have in your account at the end of 10 years if you deposit $2,000 into the account today if you earn 8 percent interest and interest is compounded continuously? $4,317 $4,451 $4,444 $4,521
- If you deposit $1,000 now, $3,000 four years from now followed by five quarterly deposits decreasing by $500 per quarter at an interest rate of 12% per year compounded quarterly, how much money will you have in you account 10 years from now? A. $22,820 B. $23,600 C. $18,285 D. $24,046If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per year, how much money will be in the account at the end of that time period? O A. $1,890,000 B. $63,000 O C. $132,878 O D. $1,200,0006. What APR is being earned on a deposit of $5,000 made 10 years ago today if the deposit is worth $10000 today? The deposit pays interest quarterly. What is the EAR?