math
 👍 0
 👎 0
 👁 197

 👍 0
 👎 0
Respond to this Question
Similar Questions

Business Finance
Deposit $300 each month into an account earning 7% interest compounded monthly. How much total money will you put into the account? How much total interest will you earn?

finance
Find the final amount in the following retirement account, in which the rate of return on the account and the regular contribution change over time. $470 per month invested at 5%, compounded monthly, for 7 years; then $709 per

Math
At age 25 someone sets up an IRA (individual retirement account) with an APR of 4%. At the end of each month he deposits $85 in the account. How much will the IRA contain when he retires at age 65? Compare that amount

Business Finance
You deposit $300 each month into an account earning 5% interest compounded monthly. a) How much will you have in the account in 25 years? $ b) How much total money will you put into the account? c) How much total interest will you

Lat math question for some days. Can y'all help?
Huan deposited $850 into a college savings account earning 4.8% interest compounded annually. He also deposited $850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account

MATH FINANCE
Mr. Smith wants to save for his son’s college education. If he deposits $300 each month at 12% compounded monthly, how much (to the nearest penny) will he have in the account after 8 years? Answer = $ HOW DO I SOLVE THIS ??

PLEASE HELP Math
As a fringe benefit for the past 8 years, Colin's employer has contributed $50 at the end of each month into an employee retirement account for Colin that pays interest at the rate of 8%/year compounded monthly. Colin has also

Math
Luis has $150,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $3000/quarter into the

Math
Luis has $100,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $2000/quarter into the

Differential Equations
A college professor contributes $5,000 per year into her retirement fund by making many small deposits throughout the year. The fund grows at a rate of 7% per year compounded continuously. After 30 years, she retires and begins

Finite Math
You deposit $300 each month into an account earning 8% interest compounded monthly. a) How much will you have in the account in 35 years? b) How much total money will you put into the account? c) How much total interest will you

Finite Mathematics
Jessica wants to accumulate $14,000 by the end of 5 yr in a special bank account, which she had opened for this purpose. To achieve this goal, Jessica plans to deposit a fixed sum of money into the account at the end of the month
You can view more similar questions or ask a new question.