You are trying to save up for a downpayment on a home and you need $55, 000 to cover closing costs and the down payment. You can save $975 per month for the house and put it in your savings account that has a 7.65% interest rate with monthly compounding. How many months of these deposits are necessary before the account hits $55, 000.

You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars. Your plan is to deposit $36,000 at the end of each year for the next 8 years. You expect to earn 12 percent each year. Required: 1. Determine how much you will have saved after 8 years. 2. Determine the amount saved if you were able to deposit $38,000 each year. 3. Determine the amount saved if you deposit $36.000 each year, but with 14 percent interest. Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 3 Determine how much you will have saved after 8 years. Note: Round your final answer to the nearest whole dollar. Balance in the Savings Account. Required 2 >

You have saved 18,000$ for a down payment on a house. Your  bank requires a minimum down payment of 11%. What is the maximum price you can offer for a home in order to have enough money for the down payment? Round answer to two decimal places.

You would like to have $37,000 in 5 years for the down payment on a new house following college graduation by making deposits at the end of every three months in an annuity that pays 4.25% compounded quarterly. How much should you deposit at the end of every three months? How much of the $37,000 comes from deposits and how much comes from interest?

The Jones want to save $95,000.00 in 5 years for a down payment on a house. If they make monthly deposits in an account paying 5% compounded monthly, what is the size of the payments that are required to meet their goal?

2) You wish to save $150,000 for a new car. You are going to make $5000 deposits at the end of each month. If the bank pays 3% compounded monthly, then how many full deposits are needed? a) what is the amount of the smaller concluding deposit at the end of the next month?

You have decided to open a savings account and put $11000 in your local bank at an interest rate of 2.5% APR, which is compounded monthly. About how much money will you have in the saving account at the end of 10 years.

You want to save 10,000 for a down payment on a home by making regular monthly deposits over 4 years. Take the APR to be 7.5%. How much do you need to deposit each month?

You ran a little short on your spring break vacation, so you put $1,000 on your other credit card. You can afford only the minimum payment of $60 per quarter. The interest rate on the credit card is 18 per year compounded quarterly. How many years will you need to pay off the $1,000? I want to solve this problem using the financial calculator so if your able to show me what to punch in that would be great

After starting your first full-time job out of college, you decide to buy a new car for $12,000. Using Excel, create a complete amortization table for this car-loan: You make 36 equal end- of-month payments. The discount rate is 7.25% compounded monthly. How much would you owe after the 15th payment is made? Use excel to solve