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Hello, please advise, thanks ( I finished the 1st 2 problems. I just need the last 2 problems Q-3 and Q-4) Q-1 Q-2 Q-3 Q-4
Hello, please advise, thanks
( I finished the 1st 2 problems. I just need the last 2 problems Q-3 and Q-4)
Q-1
Q-2
Q-3
Q-4
Question 1 6.25 pts It is now January 1, 2019. Today you will deposit $1,000 into a savings account that pays 8%. If the bank compounds interest annually, how much will you have in your account on January 1, 2022? 1,259.71 Question 2 6.25 pts It is now January 1, 2019. Today you will deposit $1,000 into a savings account that pays 8%. What will your January 1, 2022, balance be if the bank uses quarterly compounding? 1,268.24 Question 3 6.25 pts It is now January 1, 2019. Suppose you deposit $1,000 in three payments of $333.333 each on January 1 of 2020, 2021, and 2022. How much will you have in your account on January 1, 2022, based on 8% annual compounding? Question 4 6.25 pts It is now January 1, 2019. How much will be in your account if the three payments begin on January 1, 2019Step by Step Solution
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