Your grandfather put some money in an account for you on the day you were born. You are now 16 years old and are allowed to withdraw the money for the first time. The account currently has $5,311 in it and pays an 11% interest rate. a. How much money would be in the account if you left the money there until your 25th birthday? b. What if you left the money until your 65th birthday? c. How much money did your grandfather originally put in the account? a. How much money would be in the account if you left the money there until your 25th birthday? If you left the money there until your 25th birthday, the amount in the account would be $ nearest cent.) (Round to the

Hi, How do I solve for the 2 annuities in this question? Thanks

To capitalize on all the money he earned as a teenager, Justin has $500,000 that he wants to invest into an account a.) How much money does Justin have after 10 years if the account earns 5% interest compounded continuously? b.) How long will it take for Justin's money to grow to 2,000,000?

When you were born, your dear old Aunt Minnie promised to deposit $1,000 in a savings account for you on each and every one of your birthdays, beginning with your first. The savings account bears a 7 percent compound annual rate of interest. You have just turned25 and want all the cash. However, it turns out that dear old (forgetful) Aunt Minnie made no deposits on your seventh, and eleventh birthdays. How much is in the account now – on your twenty-fifth birthday

Your father helped you start saving $25 a month beginning on your fifth birthday. He always made you deposit the money into your savings account on the first day of each month just to "start the month out right." Today completes your 15th year of saving and you now have $6,528.91 in this account. What is the rate of return on your savings? 4.67% O 5.30% 5.87% 4.98% O 6.12%

Kk.121. You just turned 22 years old and want to retire when you turn 65. You plan to put $4,000 every year into a ROTH IRA, a retirement account from which you can withdraw money after retirement without having to pay any taxes. You expect to earn a return of 4% on your investments every year. How much money can you expect to have at age 65 if you make your first annual deposit now and your last one on the day you turn 64?

Assuming you made all the weekly payments for 12 years and left the money in the account without making any additional payments or withdrawals, how much did you pay into your retirement account over the 47 years? Assuming you made all the weekly payments for 12 years and left the money in the account without making any additional payments or withdrawals, how much interest did you earn over the 47 years?

When you were born, your dear old Aunt Minnie promised to deposit $1,000 into a savings account bearing a 5% compounded annual rate on each birthday, beginning with your first. You have just turned 22 and want the dough. However, it turns out that dear old (forgetful) aunt Minnie made no deposits on your third, fifth, and eleventh birthdays. How much is in the account right now?

Your grandma gave you $150 to start a college fund when you were born. This account earns 6% interest compounded yearly. Then, she gave you $10 in this account on each of your birthdays. Finally, you found a $20 bill on the ground on your 8th birthday that you also put into this account. How much much money is in this account on your 18th birthday (after your grandma made her deposit)? Do by formulas only pls, you may use excel to verify if you want.

Pls show full steps and correct pls.