Question
A. If you deposit $95710 at 12.1% annual interest compounded quarterly, how much money will be in the account after 8 years? B. If you
A. If you deposit $95710 at 12.1% annual interest compounded quarterly, how much money will be in the account after 8 years?
B. If you deposit $1658 into an account paying 11.6% annual interest compounded monthly, how long until there is $24295 in the account?
C. What is the value today of receiving a single payment of $17026 in 5 years if your required rate of return on this investment is 21% compounded semi-annually?
D. If you deposit $559 at 25.8% annual interest compounded daily, how much money will be in the account after 7 years?
E. Suppose you deposit $116 today, $135 in one year, and $885 in two years in an account that pays an annual rate of interest of 14.1%. How much money will be in the account after three years?
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