Laurie has $2,500 in an investment account. What annually compounded interest rate would she need to earn in order for the account to grow to $10,000 in 20 years?

Suppose you want to have $500,000 for retirement in 35 years. Your account earns 8% interest. How much would you need to deposit in the account each month?

Manuel plans to set aside money for his young daughter’s college tuition. He will deposit money in an ordinary annuity that earns 4.8% interest, compounded quarterly. Deposits will be made at the end of each quarter.How much money does he need to deposit into the annuity each quarter for the annuity to have a total value of $73,000 after 14 years?

bob and kathy want to save a total of 500,000 for retirement. how much should they deposit monthly into an account that pays 3.9% interest, compounded monthly, to meet their goal in 24 years?

One month from now, Kelly will make her first monthly contribution of $250 to a tax free savings account. She expects to earn 6% compounded annually. How long will it yake for the contribution and accrued earnings to reach 55,000

Find the time needed in years to make $ 50,000 from $ 30,000 if the simple interest rate available is 17%.

Karen borrowed $2000. How much will she pay back in 1 year if she is charged 2% a year, compounded semi-annually?

George deposits $3,500 into an account earning 6.5% interest, compounded quarterly. How much will be in George’s account after 5 years?   How long will it take George’s account to reach a balance of $6,000?

A couple plans to invest money into an account that earns 9% interest, compounded quarterly, for their child's college education.  What principal must be deposited by the parents when their child turns 5 in order to have $25,000 when the child reaches the age of 18?