Question

# Q3) How many years would it take an investment of \$333 to grow to \$10,789 at...

 Q3) How many years would it take an investment of \$333 to grow to \$10,789 at an annual rate of return of 11.00%? Q4) How much money would you need to deposit today at 23.00% annual interest compounded monthly to have \$26,802 in the account after 13 years? Q5) If you deposit \$729 into an account paying 15.00% annual interest compounded quarterly, how many years until there is \$37,847 in the account? Q6) If you deposit \$21,114 at 06.00% annual interest compounded quarterly, how much money will be in the account after 15 years? Q7) If you deposit \$968 into an account paying 10.00% annual interest compounded monthly, how many years until there is \$24,144 in the account? Q8) What is the value today of receiving a single payment of \$71,813 in 25 years if your required rate of return on this investment is 04.00% compounded semi-annually? Q9) If you deposit \$443 at 20.00%annual interest compounded daily, how much money will be in the account after 19 years? (Assume that there are 364 days in a year) Q10) Suppose you deposit \$360 today, \$342 in one year, and \$254 in two years in an account that pays an annual rate of interest of 02.00%. How much money will be in the account after three years? When inputting an answer, round your answer to the nearest 2 decimal places.If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

As per rules, I am answering the first 4 subparts of the question which is Q 3,4,5 and 6

 Q3: Number of years 33.33 Q4: Amount to deposit today \$1,386.48 Q5: Number of years 26.82 Q6: money in the account after 15 years \$51,586.14

Formulae used for calculations are as below in excel #### Earn Coins

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