If you want to withdraw $10,000 at the the end of two years and $35,000 at the end of four years, how much should you deposit into an account that pays 9% interest compounded annually?

How many quarters will it take to triple an initial investment at an interest rate of 14% compounded quarterly?

What is Compound interest?

The following equation describes the conversion of a cash flow into an equivalent equal- payment series with N= 8 years. n represents a specific year. Draw the original cash flow diagram. Assume an interest rate of 5% compounded annually. A=[$200+$100(F/A, ,10 %,5%, 3) (F/P,5%, 4)-$50(P/A,5%, 4) (F/P,5%, 5)] (A/F,5%,8) Original Cash Flow=? 0 1 2 3 4 5 6 7 8

What sum deposited today at 9% compounded annually for 18 years will provide the same amount as $2100 deposited at the end of each year for 18 years at 8% compounded annually? What sum would have to be deposited today at 9% interest compounded annually? $ (Round to the nearest cent.)

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.].

the desired accumulated amount is $70,000 after 14 years invested in an account with 2% interest compounded annually

If $10,000 is invested in an account at United Mutual fund for 18 years, earning 10% compounded annually, what would its future worth be after 18 years?

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).

What is the future worth of the following series of payments? a) $30,000 at the end of each six-month period for five years at 8% compounded semiannually. b) $50,000 at the end of each quarter for 10 years at 6% compounded quarterly. c) $13,000 at the end of each month for six years at 9% compounded monthly.