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 annuityDoI need answers general Accounting
- Suppose 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 will a deposit of $4,500 at 7% annual interest is worth if left in the bank for nine years?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 deposit $2000 in an account that pays 3.6% with quarterly compounding, what is the balance after six years? How much interest is earned?Suppose you deposit $380 today, $565 in one year, and $929 in two years in an account that pays an annual rate of interest of 18.91%. How much money will be in the account after three years?