Mr. N. invests $5,000 in a certificate of deposit (CD) at his local bank. Hereceives 2 percent compounded annually for 5 years. How much interestdoes his investment earn during this time period?

Gabriel invested $77,000 in an account paying an interest rate of 3 1/2% compounded monthly.Isabella invested $77,000 in an account paying an interest rate of 4 1/8% compounded quarterly.After 6 years, how much more money would Isabella have in her account than Gabriel, to the nearest dollar?

Frank deposited $8,500 into an account earning 4.5% interest compounded monthly. How much will Frank have in the account after 5 years?

Bob has deposited $10,000 at the end of each year into a saving account for the last 12 years. His deposits earned interest at 4% for the first 4 years; at 5% for the next 3 years; and at 6% for the last 5 years. (a) What is the accumulated value in his saving account at the end of year 4? (b) What is the accumulated value in his saving account at the end of year 7? (c) What is the accumulated value in his saving account at the end of year 12? (d) What is the total interest earned for the 12 years?

Kia deposited $1,100, at the BEGINNING of each year for 25 years in a credit union account. If the account paid 8% interest, compounded annually, use the appropriate formula to find the future value of her account. A. $73,441.24 B. $80,416.53     C. $86,849.86 D. $87,949.86

Jerome deposited $5,000 into an 18-month CD that earns a simple interest rate of 2 1/4%. How much will his CD be worth at maturity?

Nikul

Holden borrows $209,433 from a financial institution with equal end-of-year payments of $24,600. If the annual interest rate is 10%, how long will it take for him to pay the loan and its interest back? 10 years 15 years 20 years 25 years

Mrs. Indah saves her money in the bank for $ X. After 6 years her money is $ 1700, interest of 4.5% (compound) is paid every 3 months with . Calculate the amount of money that must be saved at this time.

Frank invests $ 6500 dollars into an account earning interest compounded quarterly. After 10 years there is $ 7550 in the account. What was the interest rate? Interest rate=