Solve for the (1) in the blank Assume that you save 22,000USD to keep on the 1st day of every month under the systems, keeping in your home or monthly 7% simple interest in the bank. Put the balance at the beginning of nth month under the system. keeping in your home Mn and simple interest Sn Sn Then, the first chance when ≥ 2 is at the beginning of (1) th month. Mn Hint: Calculate the cases n = 1, 2, 3, ... to find the rule.

Saving Later Plan 2: Invest $350 at the end of each month into an account paying 7.5% compounded monthly for 15 years then leave the money in the account earning interest until retirement (making no additional withdrawals or investments until retirement). Using the assumptions above, write down your answer to each of the following questions. 19. Create the following table of values for this investment plan. Saving Later Plan 2, tuho table should be handwritten) to find the amount available after 15 years. Write N/A next to any variable that does not apply and write Solve next to the appropriate varlable. P%3D r = A = M = n = 20. Indicate the best formula to use to compute the amount available after 15 years. 21. Substitute the values into the formula and compute how much money will be available after 15 years.

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Saving Later Plan 2: Invest $350 at the end of each month into an account paying 7.5% compounded monthly for 15 years then leave the money in the account earning interest until retirement (making no additional withdrawals or investments until retirement). Using the assumptions above, write down your answer to each of the following questions: 19. Create the following table of values for this investment plan, Saving Later Plan 2, (the table should be handwritten) to find the amount available after 15 years. Write N/A next to any variable that does not apply and write Solve next to the appropriate variable. P = A = t 3D M =

John takes out a loan for $9600 at 10% interest compounded monthly and is making payments of $136 a month. Calculate his remaining balance after 12 months. John's balance due after 12 months will be $ Time Value of Money Solver Enter the given values. N: = 0 Number of Payment Periods 1:%= 0 Annual Interest Rate as a Percent PV: = Present Value. 0 PMT: = 0 Payment FV: == Future Value P/Y: 12 O Payments per Year C/Y: 0 12 0 Compounding Periods per Year PMT: = END Solve Solve Solve Solve Solve

Give me right solution according to the question options also given A person deposits $150 per month into a savings account for 2 years. if $75 is withdrawn in months 5,7 and 8 (in addition to the deposits), construct the cash flow diagram to determine how much will be in the account after 2 years at i=8% per year, compound quarterly. Assume there is no interperiod interest. A. $ 2,045 B. $3609 C. $3090 D. $4050

Suppose you secure a home improvement loan in the amount of $5,000 from a local bank. The loan officer gives you the following loan terms:• Contract amount = $5,000• Contract period = 24 months• Annual percentage rate = 12%• Monthly installment = $235 .37Shown is the cash flow diagram for this loan. Construct the loan payment schedule by showing the remaining balance, interest payment, and principal payment at the end of each period over the life of the loan.

Find the interest paid on a loan of $2,600 for three years at a simple interest rate of 10% per year. .... The interest on the loan is $ st Help Me Solve This Calculator Get More Help - Cle JDecimals & Percents.6 J Decimals & Percents-7 / Decimals & Percents-8 ype here to search DELL prt sc F10 F2 F3 F4 F5 F6 F7 FB F9 %23 %24 & 4. 7. R. * CO 5

A bank offers two alternative interest schedules for a savings account of $100,000 locked in for 3 years: (a) a monthly rate of 1% and (b) an annually, continuously compounded rate of 12%. Which alternative should you choose? Hint: convert APR to EAR, then compare the two options

Suppose you invest $25 per week into an account that earns 2% compounded weekly.  You make the deposits at the beginning of each week.  If you continue to make these deposits for 40 years, how much will you save? Group of answer choices $73,443.56 $79,668.54 $53,040.00 $79,637.91