Question 5 1 points How much money, to the nearest cent, must be deposited right now (as a lump sum) in order to grow to
Posted: Wed Jul 06, 2022 12:32 pm
- Question 5 1 Points How Much Money To The Nearest Cent Must Be Deposited Right Now As A Lump Sum In Order To Grow To 1 (7.39 KiB) Viewed 13 times
- Question 5 1 Points How Much Money To The Nearest Cent Must Be Deposited Right Now As A Lump Sum In Order To Grow To 2 (9.24 KiB) Viewed 13 times
- Question 5 1 Points How Much Money To The Nearest Cent Must Be Deposited Right Now As A Lump Sum In Order To Grow To 3 (9.08 KiB) Viewed 13 times
Question 2 1 points Save Answer When you start your career, you decide to set aside $250 every month to deposit into an investment account. The investment firm claims that historically their accounts have eamed an annual interest rate of 9.0% compounded monthly Assuming this to be true, how much money will your account be worth after 20 years of depositing and investing? Round your answer to the nearest cent. Do not include labels or units. Just enter the numerical value
1 points Save Answer Question 1 When you start your career, you decide to set aside $500 every quarter to deposit into an investment account. The investment firm claims that historically their accounts have earned an annual interest rate of 10.0% compounded quarterly. Assuming this to be true, how much money will your account be worth after 25 years of depositing and investing? Round your answer to the nearest cent. Do not include labels or units. Just enter the numerical value.