Finance. A person wishes to have $18,100 cash for a new car 3 years from now. How much should be placed in an account now, if the account pays 4.1% annual interest rate, compounded weekly? $ (Round to the nearest dollar.)

Q: Kaye deposited $7.000 into a savings account today. For how long can $680 be withdrawn from the…

A:

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: Given problem Given that   A = $ 2000 T = 15 years Rate of interest = 7% = 0.07 Compounded monthly…

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 4%…

A:

Q: Suppose you deposit $1000 in an account that earns 7% interest compounded annually. What will the…

A:

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: A family wants to have a $150,000 college fund for their children at the end of 20 years. What…

A: Given that future value  FV=$ 150,000 Interest rate r=7.6%=7.6100=0.076Compounded quarterly m=4…

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 5…

A: Given: Rate of interest 6% compounded monthly Amount A =$4000 interest rate r=6%=0.06 n=12 t=5 years…

Q: Suppose you Invest $170 a month for 4 years Into an account earning 9% compounded monthly. After 4…

A: Consider the given information.

Q: A $ 100 deposit is made into a college fund at the beginning of each month for 10 years. The fund…

A: Consider the given information. The deposit amount is $100. The rate is 9% and the time is 10 years.…

Q: f $9,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A:

Q: Suppose you invest $170 a month for 3 years into an account earning 8% compounded monthly. After 3…

A: Given that you invest $170 a month for 3 years into an account earning 8% compounded monthly. After…

Q: Find the final amount of money in an account if $8,100 is deposited at 6.5% interest compounded…

A:

Q: An investment offers an interest rate of 4% compounded quarterly. Kamala invested an amount of $X in…

A: Given: invested amount(P)=$X, time(T)=6 years, interest rate(r)=4%(compounded quarterly), amount of…