if you deposit $500/month into a college fund with APR 4.5%, how much do you have after 18 years of payment?

Your parents are giving you $270 a month for 4 years while you are in college. At an annual interest rate of 7.32 percent, what are these payments worth to you when you first start college? $10,645.37 $11,004.00 $11,205.65 $15,004.18 $10,832.13

you want to have $10,000 in 5 years and can earn 3.2% annually. How much must you deposit today to achieve your goal?

Assume that you want to have $ 2650 saved in a sinking fund in 1 year. The account pays 4.5% compounded monthly. What should be your monthly payments?

What lump sum do parents need to deposit in an account earning 10%, compounded monthly, so that it will grow to $70,000 for their son's college fund in 13 years? (Round your answer to the nearest cent.) $

Assume that you want to have $ 4450 saved in a sinking fund in 1 year. The account pays 2% compounded monthly. What should be your monthly payments?

Total expenses for a year at college will be $9,000. You plan to pay $2,600 from your savings and finance the rest at a 5% simple interest. If you make 12 equal payments in one year, how much is each?

You plan to establish a college education fund for your child. The current cost of college is $12,000 per year and you expect this to increase by 5% per year. You plan to deposit money into an account earning 10% per year at the end of each of the next 18 years. You will withdraw the amount required for college at the end of years 18-22. You want the deposit to be low initially and grow by the rate of your salary increase, which you estimate to be 3.5%. What will be the first deposit?How much will be in the account after 8 years?