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Finance and Banking
Investments
Future Value
what is the future value of $5000 in a bank account of 7 years at 4 percent compounded semiannually
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what is
5000(1.02)^14 ?
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Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after
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To determine the annual interest rate for the bank account, you can use the formula for compound
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Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after
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suppose that $5000 is invested in an account with APR of 12% compounded monthly. find the future value of the account in 5
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New Value of account= $5000*(1+12/100)^5 = $8811.7
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Calculate the future value of $5000 given that it will be held in the bank for 6 years and arn an annual interest rate of 7%.
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Neva collect a $5000 bonus on the first of the year. She puts the $5000 into a savings account and continues to add an
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How much would you have to deposit today in order to have $5000 in 4 years in a bank account that pays 5% annual interest rate
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5000=P*(1.05)^4 put this in your google search engine: 5000/(1.05)^4
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