Josie wants to be able to celebrate her graduation from CSULA in 4 years. She foundan annuity that is paying 7%. Her goal is to have $5,000.00.Assume the interest rate remains the same while the account is open. Round al|answers to the nearest penny.How much should be deposited each week?Weekly DepositHow much will be in the account at the end of the 4 years?Future Value24How much will she have deposited, in total?Total24How much interest, in total, will be earned?InterestIf Josie wanted to make a single deposit into a savings account that earns 7%compounded weekly to reach her goal, how much would that deposit be?Single Deposit$P Type here to searchDIIF5PrtScnHomeF9EndF3F6F7%232$678.9.Q W E R

*As per bartleby in case of interlinked question, answer first 3 only Here in the given question…

Josie wants to be able to celebrate her graduation from CSULA in 4 years. She found an annuity that is paying 7%. Her goal is to have $5,000.00. Assume the interest rate remains the same while the account is open. Round all answers to the nearest penny. How much should be deposited each week? Weekly Deposit How much will be in the account at the end of the 4 years? Future Value How much will she have deposited, in total?

Josie wants to be able to celebrate her graduation from CSULA in 4 years. She found an annuity that is paying 7%. Her goal is to have $5,000.00. Assume the interest rate remains the same while the account is open. Round all answers to the nearest penny. How much should be deposited each week? Weekly Deposit How much will be in the account at the end of the 4 years? Future Value How much will she have deposited, in total?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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