What would be the yearly earnings for a person with $3,500 in savings at an annual interest rate of 4.8 percent?
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- What would be the yearly earning solve this accounting questionsWhat would be the annual percentage yield for a savings account that earned $60.00 in interest on $1,000 over the past 365 days?What would be the annual percentage yield (APY) for a savings account that earned $174 on a balance of $3,250 over the past 365 days?
- What would be the annual percentage yield for a savings account that earned $51 in interest on $750 over the past 365 days? (Enter your answer as a percent rounded to 1 decimal place.)If $476 invested today yields $500 in one year's time, what is the discount rate?Suppose you want to have $ 367733 for retirement in 31 years. Your account earns 4.4 % interest monthly. How much interest will you earn?
- What is the FV at the end of year 5 of $2212 put in an account today if the return is 8.6% per year?What is the rate of return you would earn if you paid $3,680 for a perpetuity that pays $85 per year?Suppose you invest $1,100 in an account paying 5% interest per year. What is the balance in the account after 4 years? How much of this balance corresponds to "interest on interest"? What is the balance in the account after 30 years? How much of this balance corresponds to "interest on interest"? (Round to the nearest cent.)
- Suppose you take out an auto loan for $25,500 over a period of six years at an APR of 7.5%. Determine your monthly payments, the total amount paid, and the percent paid toward interest.You are borrowing $10,000 over a two-year period. The annual percentage rateis 4.5%.1) What is the monthly payment?2) What is the total amount paid for loan? 3) What is the total interest paid for the loan?What is the present value of a perpetuity that pays $50 annually and has an annual rate of return of 17%? note: round and show your answer to the nearest dollar.