Catelyn makes deposits of $1438 at the beginning of every 6 months into an account earning 6.86% compounded quarterly. How much will she have after 2 years?
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Catelyn makes deposits of $1438 at the beginning of every 6 months into an account earning 6.86% compounded quarterly.
How much will she have after 2 years?
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- Isabelle makes deposits of $365 monthly (at the end of each month) into an account that pays 1.5% interest compounded monthly. How much money will be in the account after 5 years?Anna places $384 each quarter into an account that earns. If the account earns 1.41% interest compounded quarterly. After 7 years, the amount in the account should be? What kind of account is thisKim deposits 4,700 pesos into an account earning 1.25% intererst per annually. How much money will be added to her account 9 months?
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- Alina deposits $129 at the end of every six months into an account that earns 2.56% compounded monthly. Find the future value of the account in 10 years and 6 months. Round your answer to the nearest cent. future value = SKaye deposited $8,500 into a savings account today. For how long can $600 be withdrawn from the account at the end of every three months starting three months from now if interest is 7.1% compounded quarterly? State your answer in years and months (from 0 to 11 months). She can make withdrawals for year(s) and month(s).Tess wanted to have P100,000 on her bank account at the end of 8years. She plans to deposit an amount at the beginning of each month at an interest rate of 3.5% compounded quarterly.a.What is her monthly deposits?b.What is the present worth of these deposits?