Suppose you put $800 in the bank, and it will earn 5% interest compounded each year. Choose the answer that shows how much you will have in the bank after 1 year, 2 years, and 3 years (answers are all rounded to the nearest cent). $840, $882, $926.10 $840, $880, $920 $1200, $1800, $2700

Q: you deposit $5,000 in a fund that pays 6% interest, compounded monthly. In how many years, the…

A: Given that initial amount = P=5000 Final amount= A= 15000 Interest rate = r = 6%=0.06 Time=t=?…

Q: Round to the nearest tenth of a year. years

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Q: How long will it take for $3000 to grow to $43000 at an interest rate of 8.1%. if the interest is…

A: Let's find.

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 10…

A: See the attachment

Q: What 999,000% of $20=

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Q: Judah is going to deposit $5000.00 in and account that earns 4% interest for 20 years. How much more…

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Q: a person earned $20.16 interst during the year, at 3% interest how much money did this person have…

A: The objective of this question is to find out the initial amount of money the person had at the…

Q: Suppose you save $5 each week. At the end of one year, how much money will you have saved?

A: Given : you save $5 each week Total week in one year =52

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 9% interest. How…

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Q: A vehicle purchased for $32500 depreciates at a constant rate of 8%. Determine the approximate value…

A: Answer:let A represents the future valueP represents the present valuer represents the depreciation…

Q: A computer loses 35% of of its value each year. If the computer cost $600 new, calculate its value…

A: A computer loses 35% of of its value each year. If the computer cost $600 new, calculate its value…

Q: You have $400,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

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Q: You deposit $2000 each year into an account earning 2% interest compounded annually. How much will…

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