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hello its two different problems. im lost am I finding for the present value? please help me with both of these and should beable to
hello its two different problems. im lost am I finding for the present value? please help me with both of these and should beable to do the rest. thank you!!!
PF.7 Annuities - Homework Score: 32/56 10/16 answered Progress saved Done 6 Vo Question 11 B0/4 pts 53 99 0 Details A. Natalie deposits $200.00 every quarter into an account earning 4% interest compounded quarterly. How much will Natalie have in the account in 23 years? Natalie will have in the account in 23 years. B. Alternatively, Natalie could make a single deposit into an account earning 4% compounded quarterly for 23 years. How much would the lump sum deposit (single deposit) have to be in order to have saved the same amount of money in the account? Natalie would have to make a lump sum deposit of Hint Suppose you invest $130.00 a month for 3 years into an account earning 6% compounded monthly. How much money will you have in your account at the end of 3 years? You will have in your account at the end of 3 years. After 3 years, you leave the money, without making additional deposits, in the account for another 26 years. How much will you have in the end? If you leave the money in your account (without any more deposits) then you will have after another 26 yearsStep by Step Solution
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