How much would you need to deposit in an account each month in order to have $20,000 in the accom 9 years? Assume the account earns 6% interest. Submit Question
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- Suppose you want to have $400,000 for retirement in 35 years. Your account earns 5% interest. How much would you need to deposit in the account each month? Submit Question .com/course/showcalendar.php?cid=179278 SearchSuppose you want to have $300,000 for retirement in 20 years. Your account earns 10% interest. How much would you need to deposit in the account each month? Submit Question ath.com/course/showcalendar.php?cid=179278 Q SearchSuppose you want to have $700,000 for retirement in 20 years. Your account earns 7% interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn? S Question Help: Video Submit Question Q Search hp H
- How much would you need to deposit in an account each month in order to have $30,000 in the account in 8 years? Assume the account earns 7% interest. S Submit Question Search hpHow much would you need to deposit in an account each month in order to have $40,000 in the account in 10 years? Assume the account earns 2% interest. S Submit Question Search 1You have decided to open a savings account and put $7000 in your local bank. If you had an interest rate of 0.9% APR, compounded monthly, how many months would it take you to earn at least $500 in interest? You may use a spreadsheet. _________Years
- Give typing answer with explanation and conclusion You deposit $1,000 into a bank account that pays interest at j12=12%. How much money will you have in 30 months?How much would you need to deposit in an account now in order to have $6000 in the account in 5 years? Assume the account earns 6% interest compounded monthly. Question Help: D Video Submit QuestionHow much would you need to deposit in an account now in order to have $10,000 in the account in 8 years? Assume the account earns 5.5% interest compounded daily. Edit View Insert Format Tools Table
- How much money will you end up with if you deposit $150 at the end of each month into an account earning j12-8.40% for 18 years? Express your answer to 2 decimal places but don't include the $ sign. Your Answer: AnswerSuppose you deposit $ 1296 today and your account will accumulate to $ 5637 in 9 years. What is the rate of interest? Input your answer in decimals, not percentages. Round your answer to four decimals places.Samuel Ames owes 20,000 to a friend. He wants to know how much he would have to pay if he paid the debt in 3 annual installments at the end of each year, which would include interest at 14%. Draw a time line for the problem. Indicate what table to use. Look up the table value and place it in a brief formula. Solve.