Suppose you deposit $2,199.00 into an account today. In 7 years, the account is worth $4,000.00. The account earned % per year.
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- Suppose you deposit $2606.00 into an account today. In 7.00 years the account is worth $3969. The account earned _% per yearSuppose you deposit $1,681.00 into an account today that earns 11.00% p.a. It will take years for the account to be worth $2,936.00.You decide to deposit $103 monthly in a 2.98% annual interest bearing account over the next 8 years. What is the gross amount actually placed in the account?
- You deposit $2,000 in an account today earning 8% per year. Five years from today, you make another deposit. After 20 total years from today, you have $28,354.93 in the account. What was the amount of that deposit in year five? Round to the nearest dollar, use the $ symbol and comma if necessary.Suppose that you deposit $750 into a bank account today. If the bank pays 8 percent APR per year, compounded quarterly, how much will be in the account at the end of 4 years.A. $812 84B. $750.00C. $1,029.59D. $927.52E. $1.020.37You put $9,000 in an account earning 3%. After 2 years, you make another deposit into the same account. Seven years later, the account balance is $21,000. What was the amount of the deposit at the end of year 2?
- You have been making quarterly contributions to your savings account for the last 12 years. If your contributions are $1,900 per quarter (at the end of quarters) and your savings account offers the APR of 5%, how much money do you have in that account? $127,246 $131,108 $120,357 $135,560 $123,934If you deposit $368.00 into an account paying 15.46% annual interest compounded quarterly, how many years until there is $76,431.00 in the account?Suppose that you deposit $7000 in a savings account that pays 4% annual interest, with interest credited to the account at the end of each year. Assuming that no withdrawals are made, complete the following: a. Find the balance in the account after 5 years. b. Find the balance of the account after 9 years and 10 months.
- you deposit $9000 into a bank account that pays 3.15% annual interest, compound quarterly. How much interest does the account earn after 5 years?You put $8000 into an account earning 3%. After 2 years, you make another deposit into the same account. Seven years later ( that is, 9 years after your original $8000 deposit), the account balance is $21000. What was the amount of the deposit at the end of year 2?JP just made a deposit of $4,321 is made today in an account earning 5.3% APR compounded annually. What is the future value of JP's deposit in 15 years? Enter answer in dollars, rounded to the nearest dollar.