Chris makes a deposit of $500 into his savings account at the beginning of each year for the next 20 years. If the account earns 5% interest rate per year compounded annually, what will be the future value at the end of 20 years?

Please give me the exact solution of problem below You have $25,000 in an account that pays 6% interest compounded annually. You want to make equal annual withdrawals so that the money lasts 8 years exactly. (i)  Find the amount of each withdrawal. (ii)  Find the amount of each withdrawal if the money must last 12 years.

Help ( economics) not finance

Find the interest rates in the following situations. a. APR = 7%, compounded monthly. Find the effective annual interest rate. b. Nominal rate is 10% compounded quarterly. Find the effective semi-annual rate. c. The effective annual interest rate is 16.28% and compounding is monthly. Find the nominal interest rate.

How much is accumulated over two years in each of the following savings plans? a.$40at the end of each month for 24 months at 12 percent compounded monthly  b. $30 at the end of the first month, $31 the end of the second month, and so forth, increasing by$1per month, at 12 percent compounded monthly

You buy a car for $27000. You get a loan at 7% interest compounded yearly. You will have 60 equal monthly payments of 5543.63 each month. How much total interest will you have payed on the car loan once all of your payments are complete..

The following equation describes the conversion of a cash flow into an equivalent equal- payment series with N= 8 years. n represents a specific year. Draw the original cash flow diagram. Assume an interest rate of 5% compounded annually. A=[$200+$100(F/A, ,10 %,5%, 3) (F/P,5%, 4)-$50(P/A,5%, 4) (F/P,5%, 5)] (A/F,5%,8) Original Cash Flow=? 0 1 2 3 4 5 6 7 8

Suppose you borrow $5,000 at 7.25% interest for 14 months.  What is the maturity value?

7. What is the future worth of $2,000 at the end of each month for 10 years at 10% compounded monthly?

Suppose you make equal quarterly deposit of $ 1,000 into a fund that pays interest rate of 12% compounded monthly. Determine the balance at the end of 3 years.