FINANCE:

1.

1A.

You deposit $400 in an account earning 5% interest compounded annually. How much will you have in the account in 15 years? = ?$

1B. You deposit $5000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years? =?$

1C.

How much would you need to deposit in an account now in order to have $6000 in the account in 5 years? Assume the account earns 2% interest compounded monthly. =?$

1D.

You deposit $100 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? $ c) How much total interest will you earn? $

1E.

You deposit $1000 each year into an account earning 6% interest compounded annually. How much will you have in the account in 25 years? =?$

1F.

Suppose you want to have $300,000 for retirement in 25 years. Your account earns 6% interest. a) How much would you need to deposit in the account each month? $ b) How much interest will you earn? $