Time value You have $1,500 to invest today at 8% interest compounded annually. a. Find how much you will have accumulated in the account after (1) 3 years, (2) 6 years, and (3) 10 years. b. Use your findings in part a to calculate the amount of interest earned in (1) the first 3 years (years 1 to 3), (2) the second 3 years (years 4 to 6), and (3) the third 3 years (years 7 to 9). c. Compare and contrast your findings in part b. Explain why the amount of interest earned increases in each succeeding 3-year period.

You are investing the following amounts at the end of each of the following three years.  How much will this investment be worth at the end of the third year if your investment earns 5.4% compounded annually?    Year      Amount 1            $2,000 2            $4,000 3            $6,000

To accumulate $7,500 in 9 years, a deposit of X is to be made today and a second deposit of X is to be made 2 years from now. At an effective annual interest rate of 3%, find the value of the deposit X.

Calculate the amount that must be invested at the end of each year at 9.3% compounded annually in order to accumulate $530,000 after: (Do not round intermediate calculations and round your final answers to 2 decimal places.) a. 25 years. $ b. 30 years. $   In each case, also determine what portion of the $530,000 represents earnings on the annual investments. (Round your intermediate calculations and final answers to 2 decimal places.) a. Earnings portion $ b. Earnings portion $

Assume today is January 1 and you plan to invest $4,000 today in an account earning interest of 6% compounded semi-annually. You would like to calculate the amount your investment will grow to three years from now.Question: What should be the correct "n" and "i" to use for factor table purposes in order to answer your question?

You deposit $400 in an account earning 8% coumpound interest for 2 years. Find the future value and the interest earned for each of the following compounding frequencies.

Use the formula for computing future value using compound interest to determine the value of an account at the end of 9 years if a principal amount of ​$18,000 is deposited in an account at an annual interest rate of 3​% and the interest is compounded quarterly.       Question content area bottom Part 1 The amount after 9 years will be ​$enter your response here. ​(Round to the nearest cent as​ needed.)

Which investment will give you the higher future value in 5 years? Investment 1: You deposit $100 every month into an investment savings account that has an interest rate of 2.5% compounded daily. Investment 2: You deposit $300 every three months into an investment savings account that has an interest rate of 2.6% compounded semi-annually.

You invest $500 in an account that earns $10 interest each year at each year  a) at the end of 24months , what is the balance  b) at the end of 30months, what is the balance  c) at the end of 5years, what is the balance  d) find the linear equation that gives the balance after t years

Assuming a 5% (0.05) interest rate, $500 invested today in a savings account today will be worth $525 in one year. What will that amount be in 2 and 3 years, and what is the total interest you will earn at the end of three years. Refer to the video in the information page for assistance in calculating simple interest. Year 2: $445.78 Year 3: $335.29 Total Interest: $98.75 Year 2: $551.25 Year 3: $578.81 Total Interest: $78.31 Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $222.70