You have $300,000 saved for retirement. Your account earns 8% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 15 years?

Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of $137,090.97. What interest has accrued over 30 years?

Suzy put some money into an accout paying 5.5% interest compuunded continuously for 12 years. She now has $18,900. How much did Suzy put in the account initially?

You have $2,000 on a credit card that charges a 21% interest rate. If you want to pay off the credit card in 3 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?$ each month

A youth sports league receives a ​$30,000 donation for building a new snack bar and office building. The league decides to invest this money in a money market account that pays 3​% interest compounded quarterly. How much will the league have in this account after 4 ​years?

You deposit $6000 in an account earning 7% interest compounded monthly. How much will you have in the account in 5 years?

I have $30,000 to put into an account. Explain which account would be better for me to choose. Account A: pays 2% interest, compounded monthly, for 10 years. OR Account B: pays 3% interest, compounded quarterly, for 8 years.

Sophia invests $12,350 in an account that earns 4.5% annual simple interest. Assuming she makes no additional deposits or withdrawals, how much interest will Sophia earn after 36 months? %24

Suppose you want to have $700,000 for retirement in 30 years. Your account earns 6% interest. How much would you need to deposit in the account each month?

You deposit $1000 each year into an account earning 6.1% interest. How much will you have in the account in 15 years?