If you invest 29,453 in an account that earns 6.8 percent annual interest, how much will you have in the account after 18 years?

You are buying a house and have borrowed $616,000 at an annual interest rate of 7.1 percent. The terms of the loan require you to make monthly payments over the next five years and then to make a final balloon payment at the end of the fifth year of $394,000. What are the monthly payments over the next five years going to be?

Bill has decided to begin investing for retirement. He is going to put his tax raturn of $2,716 into the account today and then set up monthly contributions from his paycheck in the amount of $336. The money will go into an account that earns 8.7 percent annual interest (compounded monthly). How much will he have in the account after 25 years?