Approximately how much money do you need to deposit today in an a account earning 6.4% per year in order to pay for a car that will cost you $27,000 in 4 years?
$25,376
$21, 067
$6,344
$23,221

Approximately how much money do you need to deposit today in an a account earning 6.4%...
How much money you will save if you deposit $1000 per year for
10 years into an interest-bearing account earning 5% per
year?
QUESTION 5 How much money you will save if you deposit $1000 per year for 10 years into an interest-bearing account earning 5% per year? a. $9,568 b. $12.578 C. $11,578 d. $10.900 10 points Save Answer
You are planning to deposit $100 in an account earning 6% interest rate. a. How much money do you have at the end of three years if interest is compounded annually? b. How much money do you have at the end of three years if interest is compounded semiannually? c. How much money do you have at the end of three years if interest is compounded quarterly? d. How much money do you have at the end of three years...
Question 4 if you deposit today $6,302 in an account earning 8% compound interest, for how long should you invest the money in order to earn $10,0007 8 5 6 > A Moving to another question will save this response.
How much money would you have to deposit today in order to have $5,000 in four years if the discount rate is 8 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Amount of deposit
How much money would you have to deposit today in order to have $2,000 in three years if the discount rate is 6 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) what is the amonunt of deposit ??
1. You deposit $400 each month into an account earning 7% interest compounded monthly. a) How much will you have in the account in 35 years? $ b) How much total money will you put into the account? $ c) How much total interest will you earn? $ 2. Suppose you want to have $300,000 for retirement in 35 years. Your account earns 8% interest. a) How much would you need to deposit in the account each month? $ b)...
1- You deposit $300 each month into an account earning 6% interest compounded monthly. a) How much will you have in the account in 15 years? b) How much total money will you put into the account? 2- Suppose you want to have $800,000 for retirement in 30 years. Your account earns 10% interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn? c) How much total interest will...
please answer all of the following questions
21. Suppose you deposit $5,000 into an account earning 4 percent interest, compounded monthly and you also make monthly contributions of $50 (first monthly contribution made one month after the initial deposit is made). How many years (rounded to one decimal place --for example, 32.1843 year = 32.2) will it take for the account to grow to $7,500 in this case? 22. Assume that I am trying to borrow money from you to...
How much money would you have to deposit today in order to have $3,000 in four years if the discount rate is 8 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))
How much money would you have to deposit today in order to have $5,000 in five years if the discount rate is 10 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))