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1, 2, and 3 please. Thank you! On Januery 1, 2018. you deposited 56.500 in a savings accourk. The account wal earn 9 percent annual
1, 2, and 3 please. Thank you!
On Januery 1, 2018. you deposited 56.500 in a savings accourk. The account wal earn 9 percent annual compound interest, which wi be ndded to the fund balance at the end of each yeat. Pequired: 1. What will be the bolance in the cavings account at the end of 5 years? 2. What is the totat interest for the 5 years? 3. How much interest fevenue did the fund eam in 2018 and in 2019 ? Complete this question by entering your aewers in the tabs below. What whil be thut balence in the savings account at the end af 5 rean? (future Value of $1. Present Value of $1. Future On January 1,2018, you deposited $6,500 in a savings account. The accourt will earn 9 percent annual compound interest, which will be added to the fund balance at the end of each yeat. Required: 1. What will be the balance in the savings account at the end of 5 years? 2. What is the total interest for the 5 years? 3. How much interest revenue did the fund earn in 2018 and in 2019 ? Complete this question by entering your answers in the tabs below. What is the total interest for the 5 years? (Future Value of $1, Present Value af $1, Future Value Annuity of $1. Present Value Annuity of \$1.) (Use appropriate factor(s) from the tables provided. Flound your intermediate and final answer to 2 decimal places.) On January 1. 2018 , you deposited 56,500 in a wavings account. The account will eam 9 percent annual compound interesti which will be added to the fund balence at the end of each yeat Requlred: 1. What will be the balance in the savings account at the end of 5 years? 2. What is the rotal interest for the 5 years? 3. How much interest revenue did the fund eam in 2018 and in 2019 ? Complete this qunatien by witering your inswers in the tabs below Step by Step Solution
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