Leon and Heidi decided to invest $2,500 annually for only the first seven years of their marriage. The first payment was made at age 25. If the annual interest rate is 10%, how much accumulated interest and principal will they have at age 70? Click the icon to view the interest and annuity table for discrete compounding when /= 10% per year. The accumulated interest and principal will equal $ 975872 (Round to the nearest dollar.) Draw the cash flow diagram. Count the deposits being made to make sure you have the correct start and stop time of the series. Close - X More Info N 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 ******** 20 21 22 23 24 25 3.0 Single Payment Compound Amount Present Factor Worth Factor To Find F To Find P Given P Given F F/P P/F 1.1000 0.9091 1.2100 0.8264 1.3310 0.7513 0.6830 1,4641 1.6105 0.6209 0.5645 1.7716 1.9487 2.1436 2.3579 2.5937 Discrete Compounding: /-10% Compound Amount Present Factor Worth Factor To Find F To Find P Given A Given A FIA P/A 1.0000 2.1000 3.3100 4.6410 6.1051 7.7156 9.4872 2.8531 3.1384 3.4523 3.7975 4.1772 4.5950 5.0545 5.5599 6.1159 6.7275 7.4002 8.1403 8.9543 9.8497 10.8347 17 4494 0.5132 0.4665 0.4241 0.3855 0.3505 0.3186 0.2897 0.2633 0.2394 0.2176 0.1978 0.1799 0.1635 0.1486 0.1351 0.1228 0.1117 0.1015 0.0923 0.0573 11.4359 13.5795 45.5992 51.1591 57.2750 64.0025 71.4027 Uniform Series 15.9374 18.5312 21.3843 24.5227 6.4951 6.8137 7.1034 27.9750 7.3667 31.7725 7.6061 35.9497 7.8237 8.0216 40.5447 8.2014 8.3649 8.5136 79.5430 88.4973 98.3471 164 4940 0.9091 1.7355 2.4869 3.1699 3.7908 4.3553 4.8684 5.3349 5.7590 6.1446 8.6487 8.7715 8.8832 8.9847 9.0770 9.4769 Sinking Fund Factor To Find A Given F A/F 1.0000 0.4762 0.3021 0.2155 0.1638 0.1296 0.1054 0.0874 0.0736 0.0627 0.0540 0.0468 0.0408 0.0357 0.0315 0.0278 0.0247 0.0219 0.0195 0.0175 0.0156 0.0140 0.0126 0.0113 0.0102 00061 Capital Recovery Factor To Find A Given P A/P 1.1000 0.5762 0.4021 0.3155 0.2638 0.2296 0.2054 0.1874 0.1736 0.1627 0.1540 0.1468 0.1408 0.1357 0.1315 0.1278 0.1247 0.1219 0.1195 0.1175 0.1156 0.1140 0.1126 0.1113 0.1102 01061, - X

If a person deposit 2000$ in his saving account for 10 years at interest rate of 10%. How much money he will get after 10 years, calculate the value using compound interest formula.

Jim Duggan made an investment of $10,000 in a savings account 10 years ago. This account paid interest of 5 1/2% for the first 4 years and 6 1/2% interest for the remaining 6 years. The interest charges were compounded quarterly. How much is this investment worth now?

Eng. economics. If $2000 is invested at 7% interest compounded continuously calculate its value after 3 years.