Bus Math
posted by V .
i need to earn 61000 over 5 years. at 6% interest semiannually what is my first deposit?
Respond to this Question
Similar Questions

Math
If you deposit $900 semiannually in a bank which pays 6% interest compounded semiannually and make no more deposits after 7 years, what is the balance in the account 8 yrs. later from the last deposit? 
math
rodney opens a saving account and deposits 3000 dollars. the saving account earn 5% yearly simple terest. If rodney does not deposit any additional money into the account, how much compound interest did she earn over all 3 years 
1630
Mr X deposit $3000 at the end of each semiannual period for 21 years at 8% interest compounded semiannually.Find the amout will have on deposit? 
math
how much would adam have to deposit in a saving account to earn 100 dollars in interest over 4 years at 5% simple annual interest rate. 
math
you are going to open a certificate of deposit $500 for 3 years with 2% interest. another bank offers a CD in which you must deposit $250 for 4 years with 3% interest. Which CD will earn more interest. 
Math
You deposit $10,000 in an account earning 5% interest, compounded semimonthly (twice a month). You plan to leave the account untouched for 25 years. How much interest will you earn over the 25 years? 
math. compounding interest
regina deposits 3500 in a savings account that pays 7 1/2 % interest , compounded semiannually. how much interest does the account earn in the first 6 months? 
math
You deposit $10,000 in an account earning 3% interest, compounded semimonthly (twice a month). You plan to leave the account untouched for 25 years. How much interest will you earn over the 25 years? 
Business Math
A firm of attorneys deposit $5000 of profit sharing money at the end of each semiannual period for 7.5 years. Find the final amount in the account in the account if the deposits earn 10% compounded semiannually. Find the amount of … 
Math
Jenny and Dan want to save for an RV.They estimate that they will need $15,000 in 8 years. They can get 3% interest compounded semiannually. How much would they need to deposit now in order to have $15,000 in 8 years ?