1
answer
0
watching
105
views

ASSUME COMPOUND INTEREST EXCEPT WHERE NOTED

1.At AN INTEREST RATE OF 5%, how much will be accumulated if $17,000 is invested for six years?

2. At AN INTEREST RATE OF 7%, what is the present worth of A $4,000 INVESTMENT MADE FIVE years FROM NOW?

3. how much should be invested each month to accumulate $250,000 in 18 years, IF THE INTEREST RATE IS 3% PER MONTH?

4. At AN 8% annual interest, what will be the accumulated amount at the end of five years if $200 is invested at the end of each year for ten years?

For unlimited access to Homework Help, a Homework+ subscription is required.

Chika Ilonah
Chika IlonahLv10
28 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in

Related textbook solutions

Related questions

Weekly leaderboard

Start filling in the gaps now
Log in