Hayley invested $18,500.00 into an account paying a ridiculous 9.5% compounded quarterly. How much money will be in the account after 51 months? Round your final answer to the nearest cent. S

Q: er deposits $1287 at the end of every month in an RRSP that is earning 5.91% compounded…

A: Future value of the investment is the amount of deposit done and the amount of interest accumulated…

Q: You make $9,300 annual deposits into a retirement account that pays an APR of 9.9 percent compounded…

A: The FV of an account refers to the cumulative value of cash flows at a fixed future date assuming…

Q: How much interest will an account earn if you deposited $605 at the end of every six months for 11…

A: Amount deposited$605Number of years11Interest rate3.50%

Q: If you invest $1700 in an account paying 7% compounded continuously, how much money will be in the…

A: Amount Invested = $1700 Interest Rate = 7% Interest Rate per week(r) = 7%/52 Number of weeks (n)= 65…

Q: You deposit $700 at the end of each month into an account earning interest at an annual rate of r…

A: Future value of annuity Annuity is a series of equal payments at equal interval over a specified…

Q: Sam borrowed $5,550 at an annual rate of 5.9%. If he will repay this debt weekly for 26 weeks, how…

A: A loan is a financial arrangement in which one or more people, companies, or other entities lend…

Q: An investment promises to pay into an account that pays you 6 percent  annually, $150 per month for…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Assume you put $400 per month into a retirement account for 14 years, and the account has an APR of…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: If you deposit $3,500 today into an account earnings an annual rate of return of 11 percent, what…

A: Deposit amount (P) = $ 3500 Interest rate (r) = 11% Period (t) = 35 Years

Q: the owner of oak Hill squirrel farm deposits $1,000 at the end of each quarter into an account…

A: Compound = Quarterly = 4Payment = p = $1000Interest Rate = r = 1.5 / 4 = 0.375%Time = t = 8.5 * 4 =…

Q: will be making end of month deposits of $800 into the account for 12.5 years. How much will you need…

A: The future value is an estimate of how much money you will have in the future from investments or…

Q: You make a one-time $3,088 deposit into an account which pays 2.8% compounded weekly. If you don't…

A: using excel fv function

Q: Mr. Smith has decided to invest $340 at the end of each quarter in an account that pays 8.6%…

A: Future value is the estimated value of the current assets that is discounted at an assumed rate of…

Q: How much interest will an account earn if you deposited $605 at the end of every six months for 11…

A: The objective of the question is to calculate the total interest earned on an account where $605 is…

Q: An investor has accumulated $360000 in her retirement account that pays a 3.64% interest rate…

A: Using excel NPER function to calculate no. of withdrawals

Q: How much would tom’s initial balance have to be? show work and formula

A: Present Value of Future Amount = FV / (1 + r)^n Here, FV = Future Value i.e. $30000 r = Periodic…

Q: 1. If you deposit $28,688 annually at the end of every year in a bank account paying 5% annually,…

A:

Q: Derek currently has $11,753.00 in an account that pays 6.00%. He will withdraw $5,408.00 every other…

A: Savings Accounts is a deposit facility offered by commercial banks. It allows accountholder to…

Q: Derek currently has $10,579.00 in an account that pays 6.00%. He will withdraw $5,474.00 every other…

A: Future value represents the future worth of existing cash flows. It is determined by compounding…

Q: Daniel deposits $20,000 into an account earning interest at 6% per year compounded quarterly. He…

A: The concept of Interest can be determined as an amount paid for the use of money by an entity that…

Q: You plan to deposit $5, 706 into a savings account paying 8% interest compounded quarterly. How much…

A: whereFV = Future value = amount at the endPV = Present value = amount deposited today = $5,706i =…

Q: How much should you deposit at the end of each month into an investment account that pays comes from…

A: Future value is the sum of the amount being deposited and amount of compounding interest accumulated…

Q: Suppose you deposit $2,550 at the end of each quarter in an account that will earn interest at an…

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: If you deposit $13,.224 annually at the end of every year in a bank account paying 8% annually. how…

A: Annual deposit (D) = $13,224 Period (n) = 5 Years Interest rate (i) = 8% (or 0.08) Amount saved at…

Q: You deposit $6000 into an account earning 8.8% annual interest, compounded quarterly.  How many…

A: Future Value(FV) worth of amount received today at some future date. FV is computed by compounding…

Q: Assume you put $400 per month into a retirement account for 14 years, and the account has an APR of…

A: (Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…

Q: You deposit $2,239 per year for 14 years, beginning in one year, into an account that pays 12%…

A: Amount = $2,239Number of years =14Interest rate = 12%To find: Total amount in 14 years.

Q: Suppose that you make 35 annual deposits of $2,869 in an account paying 10% APR with daily…

A: The "effective rate" means to the real or actual interest rate that is earned or paid on a financial…

Stock Market Indices

Stock indexes are used to compare the price fluctuations of a group of stocks of similar companies, which are combined based on a similar industry or a particular market capitalization limit or type of market. The price comparison is based on a pre-determined standard method or indicators. These stock indexes are usually considered a base for comparison of a particular stock, and the performance of that particular company can be easily determined.