#$1$

Derek will deposit $$3,771\mathrm{.}00$ per year for $20\mathrm{.}00$ years into an account that earns $6\mathrm{.}00\%,$ The first deposit is made next year. How much will be

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in the account $35\mathrm{.}00$ years from today?

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Answer format: Currency: Round to: $2$ decimal places.

Infinity

Answer format: Currency: Round to: $2$ decimal places.

#$2$

Derek will deposit $$3,843\mathrm{.}00$ per year for $24\mathrm{.}00$ years into an account that earns $13\mathrm{.}00\%,$ The first deposit is made next year. He has $$18,542\mathrm{.}00$ in his account today. How much will be in the account $40\mathrm{.}00$ years from today?

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not$\_$submitted

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Answer format: Currency: Round to: $2$ decimal places.

#$3$

Derek will deposit $$3,907\mathrm{.}00$ per year for $9\mathrm{.}00$ years into an account that earns $14\mathrm{.}00\%.$ Assuming the first deposit is made $5\mathrm{.}00$ years from today,

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how much will be in the account $36\mathrm{.}00$ years from today?

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Answer format: Currency: Round to: $2$ decimal places.

Infinity

#$4$

What is the value today of receiving $$1,461\mathrm{.}00$ per year forever? Assume the first payment is made next year and the discount rate is $7\mathrm{.}00\%.$

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Answer format: Currency: Round to: $2$ decimal places.

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Infinity

#$5$

What is the value today of receiving $$2,226\mathrm{.}00$ per year forever? Assume the first payment is made $7\mathrm{.}00$ years from today and the discount rate is $14\mathrm{.}00\%.$

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Answer format: Currency: Round to: $2$ decimal places.

Infinity