What is the future value of a deposit of $380 left in an account paying 8% annual interest for 15 years?
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityDoSuppose you deposit $1,500.00 into and account 7.00 years from today into an account that earns 14.00%. How much will the account be worth 14.00 years from today?
- What is the future value of a $1000 deposit made today, in 7 years, if r = 10% APR compounded annually?Consider a $1,000 deposit earning 7 percent interest per year for six years. What is the future value? How much total interest is earned on the original deposit? How much is interest earned on interest?What is the future value, after 36 years, of $375 placed in a savings account today that pays interest quarterly, assuming an annual interest rate of 10%?
- What is the future value of a single $5,000 deposit earning 8 percent interest, compounded monthly, at the end of two years?What is the future value of $2,500 deposited for one year earning a 14 percent interest rate annually?If you decide to deposit $480 every year for the next 6 years, with first deposit to be made one year from today and all deposits to be made at the end of each year, in an account that pays 4.62% APR with annual compounding, how much is this account worth in today's dollars?
- What is the future value of $1,000 in five years at 8% interest paid semi annually ? Paid quarterly? How much would you have to deposit today to have $1,000 in 8 years at 6% paid annually? Quarterly? How do you use the tables to calculate this vs calculate .What's the future value of an initial $100 after 3 years if it is invested in an account paying 10% annual interest and compounded annually? How about if the interest is compounded monthly, daily or hourly?If I deposit $1k a year into an account for 10 years @ 2%, what is the future value of that account?
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