How much money will she have in the account

Assignment Help Finance Basics

Reference no: EM132078590

Question: Sarah opens an investment account with an initial deposit of $ 1900. She then sets up monthly deposits of $ 100 to the account. If the account earns 4.5% interest compounded monthly, how much money will she have in the account in 7 years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132078590

Questions Cloud

Inhibit the production of proteins : A biologist has hypothesized that high concentrations of actinomycin D inhibit RNA synthesisin cells and thereby inhibit the production of proteins.

What are the book value and market value : Saudi Electricity Company management has just completed an assessment of the company's assets and liabilities as on 31-12-2016 and has obtained the following.

How to negotiate access to participants and get permission : Describe the obstacles and/or resources that will impact your ability to conduct your applied research study in your desired location.

Culture of the baby boomer and woodstock generation : Discuss the social impact that musicians such as Bob Dylan and the Beatles had on the youth culture of the "baby boomer"/ "Woodstock" generation.

How much money will she have in the account : Sarah opens an investment account with an initial deposit of $ 1900. She then sets up monthly deposits of $ 100 to the account.

Does direct marketing help with relationship marketing : Define direct marketing. Does direct marketing help with relationship marketing?

Which means both of those equations are true : You are looking for the values of Pa and Pb where both products are at equilibrium, which means both of those equations are true.

Determine the selling price of the bonds : As the controller of the company, determine the selling price of the bonds. (Round factor values to 5 decimal places, e.g. 1.25124).

The characteristics of water-soluble and fat-soluble vitamin : How can vitamin losses be prevented during handling, storage, and preparation of foods?Compare general characteristics of water-soluble and fat-soluble vitamin.

User Account

All Pages