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How much would I have to deposit in an account today that pays 12 % interest, compounded quarterly. so that I have a balance of

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How much would I have to deposit in an account today that pays 12 % interest, compounded quarterly. so that I have a balance of $20,000 in the account at the end of 10 years? Suppose I want to able to withdraw $5,000 at the end of the years and withdraw $6,000 at the end of six years, leaving a zero balance in the account after the last withdrawal. If I can earn 5% on my balances, how much must I deposit today to satisfy my withdrawals needs? Suppose you deposit $100,000 in an account today that pays 6 % interest, compounded annually. How long does it take before the balance in your account is $500,000

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