How much must you deposit today into a savings account
How much must you deposit today into a savings account, in order to be able to withdrawl $54000 from the account in 5 years and $62000 in 7 years if the interest rate is 8%?
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Old Time Savings Bank pays 4% interest on its savings accounts. If you deposit $2,200 in the bank and leave it there, how much interest will you earn in the first year? The second year? The tenth year?
You will require $600 in 4 years. If you earn 3% interest on your funds, how much will you need to invest today in order to reach your savings goal?
The shadow banking system has become larger and more important to the US economy than the traditional banking system. How do you explain the growth and importance of the nation's non-bank financial intermediaries.
Percision engineering recently announced that its next annual div will be $1.20 per share with later dividents increasing by 2.5% annually. what is the current value of this stock to you if you require 12% reutn rate?
The spring has spring constant k = 3200 N/m. (a) What is the initial speed of the bullet?
While the US Federal Reserve continues to buy bonds in order to keep interest rates low, The Chinese authorities have been tightening the monetary policy in an effort to cool down the economy.
After the collision, Skater A moves at an angle of 53.1o from her original direction, while Skater B moves at an angle of 36.9o from Skater A's original direction. Both skaters move on the frictionless, horizontal surface of the rink.
You plan to make 25 annaul deposits of $24000 into a retirement account. with the first deposit being made 4 years from now, how much will be in the account in 39 years if the interest rate is 9%?
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