0 Question 27 You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the balance after 8 years? Round your answer to the nearest penny. Question 28 0.5 pts Question 29 0.5 pts You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the balance after 9 years? Round your answer to the nearest penny. 0.5 pts You wish to have $5,859 in 10 years. How much money would you need to deposit now into an account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your answer to two decimal places.
0 Question 27 You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the balance after 8 years? Round your answer to the nearest penny. Question 28 0.5 pts Question 29 0.5 pts You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the balance after 9 years? Round your answer to the nearest penny. 0.5 pts You wish to have $5,859 in 10 years. How much money would you need to deposit now into an account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your answer to two decimal places.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![**Question 27 (0.5 pts)**
You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the balance after 8 years? Round your answer to the nearest penny.
[Answer Box]
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**Question 28 (0.5 pts)**
You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the balance after 9 years? Round your answer to the nearest penny.
[Answer Box]
---
**Question 29 (0.5 pts)**
You wish to have $5,859 in 10 years. How much money would you need to deposit now into an account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your answer to two decimal places.
[Answer Box]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8b2762f3-d482-43b3-ab6d-90531c56b146%2F665fd7f8-2475-4eaa-8828-997b6947e5f8%2Fq63bcgc_processed.png&w=3840&q=75)
Transcribed Image Text:**Question 27 (0.5 pts)**
You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the balance after 8 years? Round your answer to the nearest penny.
[Answer Box]
---
**Question 28 (0.5 pts)**
You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the balance after 9 years? Round your answer to the nearest penny.
[Answer Box]
---
**Question 29 (0.5 pts)**
You wish to have $5,859 in 10 years. How much money would you need to deposit now into an account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your answer to two decimal places.
[Answer Box]
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