Question

Derek will deposit $3,816.00 per year for 9.00 years into an account that earns 12.00%. Assuming...

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?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1.Derek will deposit $3,788.00 per year for 14.00 years into an account that earns 12.00%. Assuming...
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?
Derek will deposit $4,576.00 per year for 15.00 years into an account that earns 10.00%. Assuming...
Derek will deposit $4,576.00 per year for 15.00 years into an account that earns 10.00%. 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 $3,768.00 per year for 13.00 years into an account that earns 13.00%. Assuming...
Derek will deposit $3,768.00 per year for 13.00 years into an account that earns 13.00%. 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...
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
Derek will deposit $3,269.00 per year for 13.00 years into an account that earns 8.00%. Assuming...
Derek will deposit $3,269.00 per year for 13.00 years into an account that earns 8.00%. Assuming the first deposit is made 6.00 years from today, how much will be in the account 32.00 years from today?
Derek will deposit $3,147.00 per year for 18.00 years into an account that earns 11.00%, The...
Derek will deposit $3,147.00 per year for 18.00 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?
Derek will deposit $1,880.00 per year for 15.00 years into an account that earns 8.00%. Assuming...
Derek will deposit $1,880.00 per year for 15.00 years into an account that earns 8.00%. Assuming the first deposit is made 7.00 years from today, how much will be in the account 36.00 years from today?
Derek will deposit $5,760.00 per year for 11.00 years into an account that earns 6.00%, The...
Derek will deposit $5,760.00 per year for 11.00 years into an account that earns 6.00%, The first deposit is made next year. How much will be in the account 42.00 years from today?
Derek will deposit $9,231.00 per year for 30.00 years into an account that earns 11.00%, The...
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
#12 Derek will deposit $4,821.00 per year for 24.00 years into an account that earns 6.00%,...
#12 Derek will deposit $4,821.00 per year for 24.00 years into an account that earns 6.00%, The first deposit is made next year. How much will be in the account 35.00 years from today?