would like to have $600,000 when you retire in 25 years. How much should you invest each quarter if can earn a rate of 6.5% compounded quarterly? ow much should you deposit each quarter? ow much total money will you put into the account? Dw much total interest will you earn?

Q: How an aclount in the account in 8 years Assume the account. earns 6% interest CompoyAced monthly…

A:

Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your total return? Total Return =…

A: given deposit = $1000 total balance after 5 years = $1500

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 5…

A: P=Principle=?t=time=5 yearsr=interest rate=6%=0.06A=final amount=$5000n=number of times compounded…

Q: You have $500,000 saved for retirement your account earn 7% interest how much will you be able to…

A: Payout annuity

Q: How much would you need to deposit in an account now in order to have $3000 in the account in 15…

A:

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: The cost to attend 1 year at the college that Jordyn would like to attend is $17,250. Jordyn's…

A:

Q: How much will you pay for the interest if you will borrow an amount P24.000 at 4% simple interest…

A:

Q: Find the amount of compound interest earned. 5) $5000 at 6% compounded annually for 3 years

A: Recall the following fact.

Q: A person 100$ in a bank account at the beginning of the month . The bank offers a return of 12%…

A: Given that: Principal amount in bank, P0 =100$ Rate of interest, i=12%

Q: You can afford monthly deposits of $120 into an account that pays 2.4% compounded monthly. How long…

A:

Q: Brad invests $3700 in an account paying 3% compounded monthly. How much is in the account after 8…

A: We know,         For principal amount P and rate of interest r% compounded per unit time, the amount…

Q: Ms. Roberts decided to invest some money in an insurance company with an interest rate of 9%…

A: Given that interest rate is 9%. The formula for calculating compound interest is given by, A= P(1+…

Q: A time deposit account In a bank yields 5.5% compound interest Annually . Jennifer invested P 450 ,…

A: The formula for the amount for compound interest is given by  A=P1+r100t where P is the principal…

Q: You deposit $400 each month into an account earning 3% interest compounded monthly. a) How much will…

A: Deposit amount each month Rate of interest  compounded monthlyTime period  years

Q: Mrs. Rees decides to invest $250 each month into an account that earns 1.8%/a compounded monthly.…

A: Mrs. Rees decides to invest $250 each monthrate=r= 1.8%/atime = 5 years

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: P=Principle=?t=time=15 yearsr=interest rate=8%=0.08A=final amount=$2000n=number of times compounded…

Q: Your grandma invested some money 64 years ago into an account earning 2.91% per year, compounded…

A: