What is the future value of a deposit of $500 left in an account paying 6% annual interest for 10 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 annuityConsider 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 of $875 deposited for one year earning an 8 percent interest rate annually?
- What is the future value of a single $5,000 deposit earning 8 percent interest, compounded monthly, at the end of two years?DoFind the future value of an ordinary annuity of $700 paid at the end of each year for 6 years, if interest is earned at a rate of 5%, compounded annual. What is the future value?
- Find the future value of a single deposit of $54000 earning 1.60% interest compounded quarterly after 60 years?At the end of three years, how much is an initial deposit of $100 worth, assuming a compound annual interest rate of: (i) 100 percent? (ii) 10 percent? (iii) 0 percent?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 is the future value of $12,000 after 5 years if the appropriate interest rate is 6%, compounded semiannually?How much will a $100 deposit made today be worth in 10 years if interest is compounded quarterly at an annual rate of 10%? Which of the follwing answers is right? A: $200 B: $259.37 C: $268.51 D: $271.79What is the future value of an annuity of $2,000 invested at the end of each of the next six periods at 8% interest?
