Question

PS5.

Derek will deposit $936.00 per year into an account starting today and ending in year 12.00. The account that earns 9.00%. How much will be in the account 12.0 years from today?

**Answer format:** Currency: Round to: 2
decimal places.

Answer #1

the account will have

$ 20,548.37 |

at the end of 12th year

the workings are done in excel. formulas used are as follows

Derek will deposit $4,641.00 per year for 28.00 years into an
account that earns 14.00%. The first deposit is made next year. How
much will be in the account 28.0 years from today?
Answer format: Currency: Round to: 2
decimal places.

Derek will deposit $9,231.00 per year for 30.00 years into an
account that earns 11.00%, The first deposit is made next year. How
much will be in the account 37.00 years from today?
Submit
Answer format: Currency: Round to: 2
decimal places

Derek will deposit $6,593.00 per year for 26.00 years into an
account that earns 14.00%, The first deposit is made next year. He
has $12,195.00 in his account today. How much will be in the
account 49.00 years from today?
Answer format: Currency: Round to: 2 decimal places.

#10 Derek will deposit $6,008.00 per year for 22.00 years into
an account that earns 11.00%, The first deposit is made next year.
How much will be in the account 40.00 years from today?
Answer format: Currency: Round to: 2
decimal places.

Derek will deposit $2,211.00 per year for 22.00 years into an
account that earns 8.00%. The first deposit is made today. How much
will be in the account 22.0 years from today? Note that he makes
22.0 total deposits.
Answer format: Currency: Round to: 2
decimal places.

Derek will deposit $3,816.00 per year for 9.00 years into an
account that earns 12.00%. Assuming the first deposit is made 6.00
years from today, how much will be in the account 37.00 years from
today?

Derek will deposit $3,997.00 per year for 13.00 years into an
account that earns 12.00%. Assuming the first deposit is made 5.00
years from today, how much will be in the account 31.00 years from
today? round 2 decimals

1.Derek will deposit $3,788.00 per year for 14.00 years into an
account that earns 12.00%. Assuming the first deposit is made 6.00
years from today, how much will be in the account 33.00 years from
today?
2.Derek will deposit $6,480.00 per year for 11.00 years into an
account that earns 8.00%, The first deposit is made next year. He
has $12,685.00 in his account today. How much will be in the
account 43.00 years from today?

PLEASE ANSWER ALL
1:
Derek will deposit $1,668.00 per year for 11.00 years into an
account that earns 6.00%. Assuming the first deposit is made 5.00
years from today, how much will be in the account 36.00 years from
today?
2:
What is the value today of receiving $2,542.00 per year forever?
Assume the first payment is made 5.00 years from today and the
discount rate is 8.00%.
3:
If you are willing to pay $45,621.00 today to receive $4,527.00...

1. Derek currently has $11,028.00 in an account that pays 6.00%.
He will withdraw $5,835.00 every other year beginning next year
until he has taken 7.00 withdrawals. He will deposit $11028.0 every
other year beginning two years from today until he has made 7.0
deposits. How much will be in the account 26.00 years from
today?
Answer format: Currency: Round to: 2
decimal places.
2. Derek can deposit $293.00 per month for the next 10 years
into an account at...

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