You decide to save up for a big trip and deposit 1,268 in a special vacation account today. If your account earns 7.89% annually, how much will you have available to spend in 5 years? Round to two decimal places (Ex. $0,000.00)

Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $4,200 over the next 6 years when the interest rate is 8%, how much do you need to deposit in the account? B. If you place $8,700 in a savings account, how much will you have at the end of 12 years with an interest rate of 8%? C. You invest $2,000 per year, at the end of the year, for 20 years at 10% interest. How much will you have at the end of 20 years? D. You win the lottery and can either receive $500,000 as a lump sum or $60,000 per year for 20 years. Assuming you can earn 3% interest, which do you recommend and why?

You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.

Please solve both parts ,will upvote

You want to save (deposit) $ 5,232 per year, starting next year, to make a down payment of $75,752 on a vacation home. If you can earn 3.03 percent on your investment, for how many years will you have to make deposits? Answer to 4 decimals.

Suppose you need to hand $52,569 in an account 25 years from today and that account pays 6%. How much do you have to deposit into the account 1 years from today ?

Suppose you want to have $400,000 for retirement in 10 years. Your account earns 9% interest. Feel free to use the Online Basic Financial Calculator a) How much would you need to deposit in the account each month? S b) How much interest will you earn? S

How much money (to the nearest dollar) will you need to deposit in an account now in order to have $35,000 in the account after 5 years if the account earns 1.2% interest compounded weekly?   Summarize the information provided, stating the interest rate in a decimal form. PN  =  r  =  N  =  k  =      Solve the problem and give your answer here:

You are going to make the following contributions into a savings account: Year 1: $0 (1 year from today) Year 2: $1000 Year 3: $1000 Year 4: $2000 Year 5: $0 Year 6: $0 The account will earn 7.23% in interest per year. How much will be in the account exactly 6 years from today? To nearest $0.01

If you deposit money today in an account that pays 5.5% annual interest, how long will it take to double your money? Round your answer to two decimal places. years