Suppose you deposit $20,000 in an account today that pays 4% interest, compounded annually. How long does it take before the balance in your account is $80.000?

If you invest $1,000 in an account that pays an annual interest rate of 6.4%, compounded monthly, how long will it take for your money to double?

If you depoist money today in an account that pays 14% annual interest, how long would it take to double your money? Round two decimal places.  ______ years

If you deposit money today in an account that pays 12.5% annual interest, how long will it take to double your money? Round your answer to two decimal places. years

You deposit $2,400 each year in an account bearing 4.2% annual interest, with the first deposit made upon opening the account. What will your balance be after 11 total deposits, that is, after 10 years? (Round your answer to the nearest cent; no labels please!) $4

If you invest $3500 for 6 months in an account that earns 8.25% annually, how much interest will you earn?                      Please understand in detail

You deposit $100 each month into an account that earns 3% annual interest, with interest compounded monthly.a) How much will you have in the account in 15 years?b) How much total money will you deposit into the account over the 15 years?c) How much total interest will you earn in the 15 years?

You deposit $470 each week into an account earning 2.3% interest compounded weekly. a) How much will you have in the account in 35 years? b) How much total money will you put into the account? c) How much total interest will you earn?

Suppose you deposit $3600 to open an account that earns 6% interest compounded monthly. You are trying to save money and find that you are able to put away an additional $50 each month. Write a recursive formula to show the amount of money you will have in the account at the end of each month.

Assume you deposit $4,400 at the end of each year into an account paying 10.5 percent interest.     a. How much money will you have in the account in 24 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 48 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)