Roger just deposited $12,000 into his account at Market Place Bank. The bank will pay 3.2 percent interest, compounded annually, on this account. How much interest on interest will he earn over the next 11 years?

Paul opens a savings account today and deposits $1,000 now. He is certain that he will be able to deposit $1,000 per month in this account, starting in a month. If he does it for 12 consecutive months, given that this account pays interest of 0.5% a month, how much will he have at the end of the 12th month?

Janie deposits $10,000 in the bank today. Starting 3 years from now, she makes equal withdrawals of $1,000 for 5 years and then withdraws the remaining amount 10 years from now. How much will she be able to withdraw 10 years from now, assuming the bank pays 6% compounded annually?

Daniel deposits $ 200 at the beginning of each month for 5 years in an account paying an interest rate of 10.5% compounded monthly. How much is in his account at the end of 5 years?

Peter makes a deposit at the end of every three months into a savings account that earns interest at 4.6% compounded annually. He saves for 12 years, and then converts his savings into an annuity that pays him $400 at the beginning of each month for 15.5 years at the same interest rate. What size of the deposit Peter makes while he is saving

In December 2018, Eric puts $1600 into a bank account. He then deposits an additional $1000 each year thereafter. The account earns 4% interest, compounded annually. When Eric has a total of at least $50,000 in his account at the beginning of a year he will buy a house. In what year will this happen?

how much interest will ali earn in the 9th year if she deposits $12,500 today in ONE BANK's savings account that earns 4.75% interest compounded annually?

Robert wants to have $2,300 at the end of every three months for 8 years. The bank pays 8% interest, compounded quarterly. Robert calculates that the present value of the ordinary annuity is $53,977.16. What would be the present value if payments were to be received at the beginning of every period rather than the end?

Ken deposited $2500 in an account that earns 6% interest, compounded monthly.How much money will be on Ken's account in 10 years from now?Round to the nearest cent.

suppose Andy invests $1000 at the end of every quarter for the next 11 years in an account that earns 7.3% compounded quarterly. how much money will Andy have in his account after the 11 years?