Mathematics, 05.05.2020 00:18, mantooth
Deposit $100 a month for twenty years into an account with an annual rate of 5% compounded monthly. i. How much money will you have in 20 years? ii. How much interest will you make in 20 years? b) Wait ten years then start depositing $200 a month for ten years into an account with an annual rate of 5% compounded monthly. i. How much money will you have? ii. How much will you make in interest? c) In the second scenario what amount needs to be deposited in order to have the same amount after the ten years as you did in part “a”.
Answers: 2
Other questions on the subject: Mathematics
Mathematics, 21.06.2019 16:30, inucornspineapple
Arandom sample of 150 high school students were asked whether they have a job. the results are shown in the table. have a job do not have a job male 48 35 female 41 26 select a ord or phrase from the drop-down menus to correctly complete the statements describing the association.
Answers: 1
Mathematics, 22.06.2019 00:30, bercishicicorbin
$5400 is? invested, part of it at 11? % and part of it at 8? %. for a certain? year, the total yield is ? $522.00. how much was invested at each? rate?
Answers: 1
Mathematics, 22.06.2019 00:30, sadcase85
Astrid spent $36 on new shoes. this was $12 less than twice what she spent on a new skirt. part a: which equation would solve for how much she spent on the skirt? part b: solve the equation in the workspace provided below. how much did astrid spend on her skirt?
Answers: 1
Do you know the correct answer?
Deposit $100 a month for twenty years into an account with an annual rate of 5% compounded monthly....
Questions in other subjects:
History, 02.07.2019 17:00
History, 02.07.2019 17:00
Computers and Technology, 02.07.2019 17:00
Biology, 02.07.2019 17:00
