Determine the interest rate earned on an $800 deposit when $808 is paid back in one year.

You deposit $400 in an account earning 8% coumpound interest for 2 years. Find the future value and the interest earned for each of the following compounding frequencies.

What will be the maturity value of $5,000 deposited in a three-year certificate of deposit that earns 5 percent interest compounded semi-annually?

Determine the value of an ordinary annuity if $290 is deposited each month into an account earning 4.5% interest compounded monthly for 15 years.

A bank pays 6% interest compounded semiannually. Use appropriate formula to find out how much should be deposited in $ now to yield an annuity payment of $900 at the beginning of each 6 months for 12 years

A deposit of $50,000 is made into an account that pays 10% compounded semiannually. How much would be in the account after 10 years?                   (a) $81,445     (b) $129,685      (c) $132,665             (d) $336,375

You deposit $1,500 at the end of the year (k = 0) into an account that pays interest at a rate of 7% compounded annually. A year after your deposit, the savings account interest rate changes to 12% nominal interest compounded monthly. Six years after your deposit, the savings account again changes its interest rate; this time the interest rate becomes 8% nominal interest compounded quarterly. Eight years after your deposit, the saving account changes its rate once more to 6% compounded annually. a. How much money should be in the savings account 18 years after the initial deposit, assuming no further changes in the account's interest rate? b. What interest rate, compounded annually, is equivalent to the interest pattern of the saving account in Part (a) over the entire 18 year period? a. $ should be in the savings account 18years after the initial deposit. (Round to the nearest dollar.) b. The interest rate equivalent to the interest pattern of the saving account in Part (a) over the…

A depositor opens in your savings account with $5000 at 5% compounded semiannually at the beginning of 5 years an additional $5000 is deposit at the end of 6 years. What is the balance in the account?

OMR is the amount a person gets as an interest after 6 years from now if he deposits an amount of OMR 5000 into an account today. The account earns interest using simple interest at 12 % p.a

You deposit s, 100 in a 2-year certificate of deposit (CD) earning 2.2% annual interest compounded daily. At the end of the 2 years, you reinvest the compound amount plus an additional $8,100 In another 2-year CD. The annual interest rate on the second CD is 2.8%, compounded daily. What is the compound amount when the second CD matures? (Assume all years have 365 days. Round your answer to the nearest cent.) 2. Need Help? Read R