Question
1a. If you deposit$41,495.00at10.80%annual interest compounded quarterly, how much money will be in the account after9.0years? b. If you deposit$1,351.00into an account paying12.19%annual interest compounded
1a. If you deposit$41,495.00at10.80%annual interest compounded quarterly, how much money will be in the account after9.0years?
b. If you deposit$1,351.00into an account paying12.19%annual interest compounded monthly, how many years until there is$17,010.00in the account?
c. What is the value today of receiving a single payment of$93,471.00in7.0years if your required rate of return on this investment is20.86%compounded semi-annually?
d. If you deposit$577.00at14.20%annual interest compounded daily, how much money will be in the account after7.0years?(Assume that there are 364 days in a year and show your answer to the nearest cent)
e. Suppose you deposit$801.00today,$528.00in one year, and$929.00in two years in an account that pays an annual rate of interest of18.06% .How much money will be in the account after three years?
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