What would be the amount for early withdrawal

Reference no: EM132218469

Question: 1- Hal thomas wants to establish a savings from which a community organization could draw $1,680 a year for 20 years.if the account 2% what amount would he have to deposit now to achieve this goal?

2- Acertificate of deposit will often result in a penalty for withdraing funds before the maturity date. if the penalty involves two months of interest what would be the amount for early withdrawal ob a $ 30000 5% CD

3- if you borrow $9000 with an interest rate of 5% to be repaid in five equal yearly payments at athe end of the next five years what would be the amount of each payment?

Reference no: EM132218469

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