If Charlie invests $50,000 in a cheese company today and is offered a 7% interest rate. How much will his investment be worth 3 years from now?  Please round to the nearest whole dollar

In how many years will an amount be doubled if the interest rate is 6%?

What will be the balance at the end of 5 years for $30,500 now at 10% annual interest, if compound interest is :a. weekly b. continuously

We know that a certain piece of equipment will cost $275,000 in 6 years. How much must be deposited today using 8% interest to pay for it?

Sally purchases a perpetuity immediate with annual payments that pays $4000 today and Payments increase by 5% per year. She will pay for it with a single payment exactly 6 years from today. Assume a constant force of interest of 7%. Calculate the size of the payment at time 6.

You want to borrow $1500 at 8% and you are willing to pay $210 in simple interest.How long can you keep the money

You are saving money to buy a car. If you save $290 per month starting one month from now at an interest rate of 6%, how much will you be able to spend on the car after saving for 5 years?

Only typed answer You invest $5,000 in a project that makes 6% each year. How much do you have after 7 years?

Thomas invested in an account paying 3.1% annual interest, compounded weekly. After 5 years, his account balance was $9850. What was Thomas’s original investment?

Mr.Samuel wants to get $10 millions in the future by saving $4 millions from now. By data, bank with an interest rate of 21% per year. How many years is the money must be saved in a bank?