To save up for your dream business, you committed to deposit P2,000, starting today, every month in a deposit account that earns 6% compounded monthly. The monthly payments will be made in a span of 5 years.  What will be the amount available to you in 5 years

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 $3000 in an account earning 3% interest compounded monthly. How much will you have in the account in 5 years?

You have $30,629.21 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $250,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number. years

How much would you need to deposit in an account each month in order to have $40,000 in the account in 5 years? Assume the account earns 6% interest. Submit Question

How much would you need to deposit in an account now in order to have $4000 in the account in 5 years? Assume the account earns 7% interest compounded monthly.