You put $100 into a savings account that pays annual compound interest, r, of 8%. What...
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You put $100 into a savings account that pays annual compound interest, r, of 8%. What is the balance of your account after 2.5 years? Round to two decimal places. Question 2 Question 2: Is this diagram for a borrower or a lender? a. Borrower b. Lender c. Not enough information is provided to answer this question. a. b. c. Question 3 Question 3 If the cash flows at T=0 and T=2, respectively, are $10 and $20, what is the annual compound interest rate for this project? Round your answer to three decimal places. 1 pts 1 pts Question 4 Suppose you deposit $181 today in an account, and you will get $317 after 5 years. What is the annual compound interest? Do not round intermediate calculations. Round your answer to 3 decimal places. Question 5 Suppose you deposit $560 today in an account paying 7% annual compound interest. After how many years can you get $1389? Round your answer to 2 decimal places. Question 6 What is the future value after 11 years of $2,328 that you deposit today in an account paying 13% annual compound interest? Round your answer to 0 decimal places. 1 pts 1 pts 1 pts Question 7 How much should you deposit today in an account paying 9% annual compound interest in order to get $16832 after 13 years? Do not round intermediate calculations. Round your answer to O decimal places. 1 pts You put $100 into a savings account that pays annual compound interest, r, of 8%. What is the balance of your account after 2.5 years? Round to two decimal places. Question 2 Question 2: Is this diagram for a borrower or a lender? a. Borrower b. Lender c. Not enough information is provided to answer this question. a. b. c. Question 3 Question 3 If the cash flows at T=0 and T=2, respectively, are $10 and $20, what is the annual compound interest rate for this project? Round your answer to three decimal places. 1 pts 1 pts Question 4 Suppose you deposit $181 today in an account, and you will get $317 after 5 years. What is the annual compound interest? Do not round intermediate calculations. Round your answer to 3 decimal places. Question 5 Suppose you deposit $560 today in an account paying 7% annual compound interest. After how many years can you get $1389? Round your answer to 2 decimal places. Question 6 What is the future value after 11 years of $2,328 that you deposit today in an account paying 13% annual compound interest? Round your answer to 0 decimal places. 1 pts 1 pts 1 pts Question 7 How much should you deposit today in an account paying 9% annual compound interest in order to get $16832 after 13 years? Do not round intermediate calculations. Round your answer to O decimal places. 1 pts
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Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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