How much money will be in the account after three years

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Question 1: How much money would you need to deposit today at 06.00% annual interest compounded monthly to have $42,572 in the account after 6 years?

Question 2: If you deposit $475 into an account paying 22.00% annual interest compounded quarterly, how many years until there is $73,982 in the account?

Question 3: If you deposit $81,404 at 17.00% annual interest compounded quarterly, how much money will be in the account after 19 years?

Question 4: If you deposit $1,787 into an account paying 20.00% annual interest compounded monthly, how many years until there is $2,365 in the account?

Question 5: What is the value today of receiving a single payment of $22,350 in 24 years if your required rate of return on this investment is 15.00% compounded semi-annually?

Question 6: If you deposit $893 at 12.00%annual interest compounded daily, how much money will be in the account after 3 years? (Assume that there are 364 days in a year)

Question 7: Suppose you deposit $712 today, $438 in one year, and $893 in two years in an account that pays an annual rate of interest of 07.00%. How much money will be in the account after three years?

Reference no: EM132484503

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