What is the value of the account at the end of 9 years?
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The owner of Sebastopol Tree Farm deposits $400 at the end of each quarter into an account paying 5% compounded quarterly. What is the value of the account at the end of 9 years?
Please round the answer to the nearest cent.
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- If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the next eight years, how much will be accounted for as a current portion of a noncurrent note payable each year?the owner of oak Hill squirrel farm deposits $1,000 at the end of each quarter into an account paying 1.5% compounded quarterly. what is the value at the end of 8 years, 6 months? ( round your answer to the nearest cent).If you deposit $500 per year in an account for six years at 9 percent compounded annually, how much will you have in the account? Round your answer to the nearest dollar. $3,270 Give typing answer with explanation and conclusion
- You make periodic deposits of $100 at the end of every six months to an account that pays 4.5% interest compounded semiannually. a. Find the value of your account after 25 years. (Round to the nearest dollar).b. Find the interest.Alina deposits $129 at the end of every six months into an account that earns 2.56% compounded monthly. Find the future value of the account in 10 years and 6 months. Round your answer to the nearest cent. future value = SA person is planning to deposit RO 1000 in a bank at the end of first year. Thereafter, he wishes to deposit the amount with an annual increase of RO 100 for the next 7 years. The bank gives an interest of 6%, compounded annually. Determine the total amount that would be accumulated to his account by the end of 8th year.
- If you deposit $250 each month into an individual retirment account that earns 4.8% interest compounded monthly, a.) How much will you have in the account 30 years from now ? b.) What is the interest earned on the account ?Suntech Distributors, Inc., deposits $4,000 at the beginning of each 3-month period for 7 years in an account paying 6% interest compounded quarterly. Round your answers to the nearest cent. a. How much will be in the account at the end of the 7-year period? $ b. What is the total amount of interest earned in this account?A man deposits $14,000 at the beginning of each year for 14years in an account paying 77% compounded annually. He then puts the total amount on deposit in another account paying 9%compounded semiannually for another 9years. Find the final amount on deposit after the entire 23 year period. (Simplify your answer. Round to the nearest cent as needed.)
- Yolanda deposited $1,200 at the end of each six months for 2 years in a savings account. If the account paid 8% interest, compounded semiannually, use Table 12-1 to find the future value of her account. (Round your answer to the nearest cent.)On October 1, Lorelai made a single deposit of $12,000 into an investment account which earns interest of 8% compounded annually. Question: Rounded to the nearest whole dollar, what will be the balance in her account at the end of nine (9) years?Angela deposits $5500 into an account with an APR of 3.4 % for 12 years. Find the future value of the account if interest is compounded weekly Round your answer to two decimal places. Keynad