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What is the balance in an account at the end

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Q1. What is the balance in an account at the end of 10 years if $2,500 is deposited today and the account earns 4% interest?

Q2. Find the future value of $100 in 5 years at 5%.

Q3. What is the future value of a receiving $300 per year for 15 years at 6%?

Q4. If you deposit $10 in an account that pays 5% interest, how much will you have at the end of 10 years? 50 years? 100 years?

Q5. What is the present value of receiving $500 a year for 3 years at 4%?

Q6. If your grandparents decide to give you $30,000 when you complete your graduate program what might you offer to them today as an amount as opposed to waiting the 4 years (assume a 5% interest rate).

Reference no: EM133060770

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