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
- 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 $2,500 deposited for one year earning a 14 percent interest rate annually?
- 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?Suppose you put $100 into a savings account today, the account pays a nominal annual interest rate of 6 percent, but compounded semiannually, and you withdraw $100 after 6 months. What would your ending balance be 20 years after the initial $100 deposit was made?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 you deposit $4,600 today into an account earning an annual rate of return of 14 percent, what would your account be worth in 25 years?
