You put $1,000 into a savings account today that offers a 5% APR with semi-annual compounding (i.e., two times per year). How much money will you have in the account after 2 years?

Suppose you want to have $500,000 for retirement in 25 years. Your account earns 9% interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn?

If you deposit $1000 today in an account earning 10% APR compounded annually, and you deposit another $1000 next year (at same rate), and finally you deposit another $1000 two years from today (at time t=2).  How much will be in your account two years from today, at time t=2?

If you decide to deposit $480 every year for the next 6 years, with first deposit to be made one year from today and all deposits to be made at the end of each year, in an account that pays 4.62% APR with annual compounding, how much is this account worth in today's dollars?

How much money will you have available to you after five years if you put aside $100.00 a month in an account that gives you 6.75% interest compounding monthly?

you have decided to begin saving for retirement. you will deposit $800 in a bank account today. than you will deposit an additional $800 every following year for 29 years (an annuity due). if your bank pays 3.73% interest, how much will you accumulate in the account at the end of 30 years

You want to be able to withdraw $25,000 from your account each year for 30 years after you retire. You expect to retire in 20 years. If your account earns 8% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?

Suppose that each week, you deposit $43 into a savings account whose annual rate is 1.8% with weekly compounding. How much will you have in the account after 14 years? Round your answer to the nearest dollar.

Your bank offers you a savings plan with an APR of 2.7% compounded quarterly. You plan to save $1,000,000 after 35 years. (Keep 2 decimal places in your final answers.) 3.1) How much should you deposit quarterly in order to reach this goal? 3.2) How much will you deposit over the 35 years? 3.3) Find the amount of interest (in $) you will earn during those 35 years.

You have $1,000 today in your savings account. How long must you wait for your savings to be worth $2,000 if you are earning 0.25 percent interest, compounded annually? years (XXX.XX years) You want to have $40,000 for a down payment on a house 4 years from now. If you can earn 3.95 percent, compounded annually on your savings, how much do you need to deposit today to reach your goal? ($xxxx.xx)