Suppose $25,000 is invested in an account that pays 8% compounded yearly. (a) find the value of the account at the end of the 8th year. (b) In how many years will the value of the account become $70,000?

A teacher wishes to provide a grantof $1800 per year for four years to her students, with the first scholarship awarded on her 50th birthday if the money is worth an annual rate of 5.1%, compounded annually, how much money must she donate on her 40th birthday?

Goofus waits until he is 35 years old to start saving. If he invests $2400 each year at 9.6% compounded annually for 30 years, how much will he have saved?

An employee invests £1000 at the end of each month into her Pension Fund (b) for 30 years. What is the value of her Pension Fund if it grows at an annual rate of 6% (0.5% per month) at the end of the 30 years.

Suppose you invest $120 a month for 3 years into an account earning 6% compounded monthly. After 3 years, you leave the money, without making additional deposits, in the account for another 20 years. How much will you have in the end? Submit Question

$1,000 invested at 7% compounded annually after a period of 11 years

Suppose you invest semiannually for 25 years in an annuity that pays 5% interest, compounded semiannually. At the end of the 25 years, you have $500,000. How much of this total is interest? Round your answer to the nearest hundred dollars.