$1,200 is deposited every six months in an account that earns 2% compounded semi-annually, how many full deposits of semi-annual periods will it take to reach $15,000.00? What is the amount of the smaller concluding deposit? It will take semi-annual periods of full deposits. The smaller concluding deposit is $ . (Round to 2 decimal places.

You have found three investment choices for a one-year deposit: 10.4% APR compounded monthly, 10.4% APR compounded annually, and 9.7% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) (Note: Be careful not to round any intermediate steps less than six decimal places.) The EAR for the first investment choice is _____%. (Round to three decimal places.) Part 2 The EAR for the second investment choice is _____%. (Round to three decimal places.) Part 3 The EAR for the third investment choice is______%. (Round to three decimal places.)

What is the nominal annual rate of interest compounded semi-annually if deposits of $224 made each month for 4.0 years accumulate to $12,700? The nominal annual rate of interest is % compounded semi-annually. (Round to two decimal places as needed.)

How many month deposits of $350 each, and what final deposit one period later, will be necessary to accumulate $17581, if interest is at 16.82 % compounded daily? What is number of regular deposits ? What is final deposit one period later after last regular deposit ?

Suppose that you make 35 annual deposits of $2,869 in an account paying 10% APR with daily compounding. Assuming that the first deposit will occur six years from now and that each of the remaining deposit will occur exactly one year apart, how much money will be in the account 40 years from now? Round your final answer to two decimals.

How long before a scheduled payment of $3,354 will a payment of $3,018 be economically equivalent?Assume money is worth 4.25% compounded quarterly. Round your answer to the nearest month.

Find the amount of interest paid on on a $800 Investment that earns 4.9% simple annual interest for 30 days. In this problem, use the Bankers' Rule, which stipulates that 1 year 360 days. Round to the nearest cent (two decimal places.) S

You have found three investment choices for a one-year deposit: 11.7% APR compounded monthly, 11.7% APR compounded annually, and 10.9% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) (Note: Be careful not to round any intermediate steps less than six decimal places.) The EAR for the first investment choice is%. (Round to two decimal places.)

How much would you have to pay into an account at the beginning of every six months to accumulate $12,300.00 in 10 years, if interest in 4% compounded quarterly? COTID The payments would have to be S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

You are considering taking out a loan of $7,000.00 that will be paid back over 12 years with every 2 months payments of $149.54. If the interest rate is 7.7% compounded every 2 months, what would the unpaid balance be immediately after the fifteenth payment? Round answers to 2 decimal places.