A bank features a savings account that has an annual 4.9% with interest compounded percentage rate of r quarterly. Cody deposits $11,500 into the account. The account balance can be modeled by the exponential •(1+:)*. formula A(t) where A is account value k after t years , a is the principal (starting amount), r is the annual percentage rate, k is the number of times each year that the interest is compounded. (A) What values should be used for a, r, and k? a = r = k (B) How much money will Cody have in the account in 7 years? Answer = $ %3D Round answer to the nearest penny. (C) What is the annual percentage yield (APY) for the savings account? (The APY is the actual or effective annual percentage rate which includes all compounding in the year). APY %. Round answer to 3 decimal places.

Angela invested $15,000 in a savings account. If the interest rate is 4%, how much will be in the account in 10 years by each method of compounding? compound quarterly compound monthly compound continuously

What interest rate would you need to get to double an investment of 200 in eight years?

Saving How much money should be invested every quarter at 10% per year, compounded quarterly, to have $5000 in 2 years?

Alyssa opened a retirement account with 7.25 APRin the year 2000. Her initial deposit was 13,500. How much will the account be worth in 2025 if interest compounds monthly? How much more wouldshe make if interest compounded continuously?

New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will pay interest per year which is compounded monthly. How much will be in the child's account at his twenty-first birthday?

Investment problem If Landon invests 3000 in a 6-year certificate of deposit at the annual rate of 7.75, compounded daily, how much money will be in the account when it matures?