Question

how much would you have to deposit quarterly in order to have $35,000, at the end of 3 years, assuming an account earning 8% interest compounded quarterly. (using excel)

Answer #1

You deposit $2000 in an account earning 3% interest compounded
monthly
How much will you have in the account in 20 years?
How much interest will you earn?
You deposit $10,000 in an account earning 4% interest compounded
monthly.
How much will you have in the account in 25 years?
How much interest will you earn?

How much would you need to deposit in an account now in order to
have $4000 in the account in 10 years? Assume the account earns 2%
interest compounded monthly.

How much would Steven have to deposit in an ordinary annuity,
quarterly, at 6%, in order to have $21,000 at the end of 14
years?
Steven now has enough money to purchase a house and takes out a
30-year $80,000 home mortgage. What are his monthly payments if the
rate is 5.4%.?
Steven deposits $15,000 of profit-sharing money he received in
an account at 6% compounded semiannually for seven and a half
years. He wants to know how much interest...

If you deposit $12,000 in an interest-bearing account earning
3%, compounded daily, how much will you have at the end of 6
years?

If you deposit $100,000 today at 8 percent interest compounded
quarterly, how much will you have accumulated after 5 years
$67,297.13
$68,058.32
$146,932.74
$148,594.74

If you deposit $1,500 in an account paying 8%, how much will you
have in 3 years?
If you deposit $1,500 into an account paying 8% compounded
monthly, how much will you have in 3 years?
If you deposit $1,500 in an account paying 8% today and deposit
$1,500 every year into the account, how much will you have in 3
years?

Question No : 3
If you deposit 10 $ in an account, that pays 5% interest,
compounded annually, how much you will have at the end of 10 years?
50 years and 100 years
How much will be in account at the end of 5 years the amount
deposited today is 10,000 and interest is 8% per year, compounded
semiannually?
How much would I have to deposit in an account today that pays
12% interest, compounded quarterly, so that I...

You have deposited $10,000 in a bank earning interest at 7% p.a.
compounded quarterly for four years and five months. At that time,
the interest rate changes to 6% p.a. compounded monthly. What is
the value of the deposit three years after the change in the rate
of interest?
What nominal annual rate compounded quarterly is equivalent to
7.5% p.a. compounded monthly?
You have decided to deposit $500 in the Montreal bank at the end
of each quarter for seven...

1) You deposit $500 each month into an account earning 3%
interest compounded monthly.
a) How much will you have in the account in 25 years?
b) How much total money will you put into the account?
c) How much total interest will you earn?
2) Suppose you invest $190 a month for 6 years into an account
earning 7% compounded monthly. After 6 years, you leave the money,
without making additional deposits, in the account for another 21
years....

How much would you have to deposit in a savings account each
month at 5% interest/yr. compounded monthly, to have $1,000,000.00
in the account at the end of 40 years?
Note: your deposits will be made at the end of each month.

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