give you $20,000 now. A part-time job will allow you to make six additional deposits, one at the end of each year. If the bank pays 6% interest (compounded annually), how large must your annual deposits be? 20,000 Annual=? 60,000

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

Tyrone wants to spend $15,000 on a new car three years from now. He opens a savings account and deposits $3,000 today. One year from now, he plans to deposit $3,000 in the account, and one year after that, he plans to deposit another $3,000. If the account earns 5% interest per year, how much additional money will Tyrone need three years from now to meet his $15,000 goal? [Enter your answer with no dollar sign or comma.].

John has started a new job and wants to open a retirement account. He is now 26 years old and plans to retire when he turns 65. For this, he plans to deposit $ 2815 annually in retirement accounts. Take the annual interest yield is as 9%. a) Calculate how much money he has saved when he retired by drawing a cash flow diagram.

What is the equal payment series for 6 years (the first payment is given at the end of year 1) that is equivalent to a single payment of $20,000 made at the end of the third year. (use i = 10 % compounded quarterly).

Please answer only handwritten

You currently have $18,000 in a bank account earning 4.9%interest. You think you will be able to deposit an additional$7,000 at the end of each of the next five years. How muchwill you have in five years?