Find the accumulated amount of P3,967 invested 0.09% compound daily at for a period of 18 years.

Kate deposits P5,000 to her bank account every year when she was in high school for four years to prepare for her college degree. She took an engineering course and since then, she stopped depositing to her bank account. Right after graduation (she graduated on time), she got a job that pays P250,000 a year. If she continues to deposit to the same bank account P50,000 every year for 10 years, calculate the future worth after 30 years if the deposits are made at the end of each year and the bank pays 2% interest per year.   ANSWER:  1,041,934.60   PLEASE SHOW YOUR CORRECT AND COMPLETE SOLUTION TO THIS PROBLEM NEATLY . THANK YOU!

For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 9% per year.

How much must you deposit each year into your retirement account starting now and continuing through year 11 If you want to be able to withdraw $90,000 per year forever, beginning 27 years from now? Assume the account earns interest at 13% per year. The amount to be deposited is determined to be $ Prev 5 of 6 Next >