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What is the value of a savings account started with $2,500, earning 9 percent (compounded annually) after 15 years? Use Exhibit1B (Round time value factor
What is the value of a savings account started with $2,500, earning 9 percent (compounded annually) after 15 years? Use Exhibit1B (Round time value factor to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response.) Savings account value $ 9,105 login has been saved, What amount would you have if you deposited $1,400 a year for 15 years at 5 percent (compounded annually)? Use Exhibit 18-2 (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response.) Amount in deposit account $ Brenda Young wants to have $25,000 eight years from now for her daughter's college fund. If she earns 7 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation. (Do not round your intermediate calculations. Round your final answer to 2 decimal places. Omit the "S" sign in your response.) Amount to be deposited $
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