Question 10.5 pts

PMT = $850 per month. At a rate of 8.5% per year, how much will accumulate (total) in the account after 28 years?

Group of answer choices

$9,107.44

$346,562.33

$108,800.36

$1,165,756.02

Flag question: Question 2Question 20.5 pts

PMT = $73 per month. At a rate of 10% per year, how much will accumulate (total) in the account after 30 years?

Group of answer choices

$1,448.13

$53,605.80

$165,015.62

$8,318.41

Flag question: Question 3Question 30.5 pts

Andrew can afford to deposit $1,200 into his investment account every year. If this account earns 7% and he makes deposits for 15 years, how much will be in the account at the end of the 15 years?

Group of answer choices

$380,354.76

$30,154.83

$10,929.50

$3,310.84

Flag question: Question 4Question 40.5 pts

PMT = $2,500 per year. At a rate of 9% per year, how much will accumulate (total) in the account after 24 years?

Group of answer choices

$61,781.13

$191,974.53

$24,266.53

$19,777.71

Flag question: Question 5Question 50.5 pts

PMT = $48 per month. At a rate of 10.5% per year, how much will accumulate (total) in the account after 14 years?

Group of answer choices

$13,628.10

$18,220.88

$207.43

$4,216.32

Flag question: Question 6Question 60.5 pts

Allison can set aside $1,800 into her investment account every year to save up for a down payment on a house. If this account earns 12% and she makes deposits for 9 years (NPER), how much will be in the account when Allison buys the house? The down payment costs $29,000. Will Allison have enough?

Group of answer choices

$32,561.43. YES, she has enough!

$347,206.64. YES, she has enough!

$26,596.18. NO, not enough!

$9,590.85. NO, not enough!

Flag question: Question 7Question 70.5 pts

PMT = $3,000 per year. At a rate of 8.00% per year, how much will accumulate (total) in the account after 12 years?

Group of answer choices

$7,554.51

$22,608.23

$56,931.38

$36,899.08

Flag question: Question 8Question 80.5 pts

Robert is planning to invest $500 per month for 30 years. At an annual rate of 10%, how much will Robert have after 30 years?

Group of answer choices

$28,202.67

$1,130,243.96

$9,918.70

$56,975.41

Flag question: Question 9Question 90.5 pts

Melanie will invest $7,000 per year for the next 32 years. At a rate of 8% per year, how much money will Melanie have after 32 years?

Group of answer choices

$179,747.74

$939,494.76

$82,159.58

$80,045.00

Flag question: Question 10Question 100.5 pts

PMT = $300 per month. At a rate of 9.5% per year, how much will accumulate (total) in the account after 7 years?

Group of answer choices

$48,380.77

$35,598.53

$18,355.38

$581.82