Jimmette currently has savings in the amount of $46627 in an account that earns 5.9% compounded monthly.  How many quarterly withdrawals in the full amount of $1053 can Jimmette take from the account before her savings are exhausted?

LaTisha owed $65,000 when she graduated from college. Suppose her 10-year loan had an APR of 4.5% with monthly payments of $673.65. How much will she spend on interest over the life of the loan? Round your answer to the nearest cent. Use the spreadsheet to solve.

Three years ago, ZYX deposited $2,590 in an account that has earned and will earn 8.60 percent per year in compound interest. If CAB deposits $3,690 in an account in 2 years from today that earns simple interest, then how much simple interest per year must CAB earn to have the same amount of money in 6 years from today as ZYX will have in 6 years from today? Answer as an annual rate. 19.32% (plus or minus .05 percentage points) 11.87% (plus or minus .05 percentage points) 3.79% (plus or minus .05 percentage points) 2.52% (plus or minus .05 percentage points) None of the above is within .05 percentage points of the correct answer

Sebastian is going to deposit $790 in an account that earns 6.8% interest compounded annually. His wife Yolanda will deposit $815 in an account that earns 7.2% simple interest each year. They deposit the money on the same day and make no additional deposits or withdrawals for the accounts. Which statement is true concerning Sebastian’s and Yolanda’s account balances after 3 years?      Yolanda’s account will have about $28.67 less than Sebastian’s account.    Yolanda’s account will have about $9.78 less than Sebastian’s account.  Sebastian’s account will have about $28.67 less than Yolanda’s account.  Sebastian’s account will have about $9.78 less than Yolanda’s account.