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You deposit $100 at the end of every six months into an account earning 3.5% interest compounded semiannually. a) How much will you have
You deposit $100 at the end of every six months into an account earning 3.5% interest compounded semiannually. a) How much will you have in the account in 30 years? P/Y PV = $ C= PMT=$ N = I/Y= FV = $ (round to the nearest cent) b) How much will be the total amount of money deposited into the account after 30 years? Total Deposited = $ (enter a positive value) c) How much total interest will you earn? Total Interest = $ (enter a positive value, and round to the nearest cent)
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