please round the answers as I directed thank you, please answer as much as possible my grade depends on this assignment
Posted: Sun May 29, 2022 6:35 pm
please round the answers as I directed thank you, please answer
as much as possible my grade depends on this assignment and im
running low on questions to post!!!
instruction:
Q6) If you deposit $70,913 at 18.00% annual interest compounded
quarterly, how much money will be in the account after 4 years?
Q7) If you deposit $1,154 into an account paying 16.00% annual
interest compounded monthly, how many years until there is $12,084
in the account?
Q8) What is the value today of receiving a single payment of
$71,441 in 9 years if your required rate of return on this
investment is 04.00% compounded semi-annually?
Q9) If you deposit $778 at 06.00%annual interest compounded
daily, how much money will be in the account after 18
years? (Assume that there are 364 days in a year)
as much as possible my grade depends on this assignment and im
running low on questions to post!!!
instruction:
Q6) If you deposit $70,913 at 18.00% annual interest compounded
quarterly, how much money will be in the account after 4 years?
Q7) If you deposit $1,154 into an account paying 16.00% annual
interest compounded monthly, how many years until there is $12,084
in the account?
Q8) What is the value today of receiving a single payment of
$71,441 in 9 years if your required rate of return on this
investment is 04.00% compounded semi-annually?
Q9) If you deposit $778 at 06.00%annual interest compounded
daily, how much money will be in the account after 18
years? (Assume that there are 364 days in a year)