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Could you please answer these 3 questions! Question 9 4 pts Niki is depositing $200 in an account every year (end of the year) for
Could you please answer these 3 questions!
Question 9 4 pts Niki is depositing $200 in an account every year (end of the year) for the next 8 years. If the interest of this account 2%, and Niki never withdraw money from this account, how much does Niki have in this account at the end of the 8 years? Question 10 4 pts Suppose you deposit $100 today in your bank account that "states" the interest is 8% per year. However, the interest is paid quarterly. What is your account balance at the end of 11 years? Question 11 4 pts What is the value today of receiving $200 per year forever if the first payment is made exactly three years from now? The discount rate is 7.9%Step by Step Solution
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