1.You deposit $1000 each year into an account earning 3% interest compounded annually. How much will you have in the account in 30 years?

2.How much would you need to deposit in an account each month in order to have $50,000 in the account in 6 years? Assume the account earns 6% interest.

3.How much would you need to deposit in an account each month in order to have $10,000 in the account in 10 years? Assume the account earns 2% interest.

4.you deposit $350 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 earn?

$

5.You would like to have $600,000 when you retire in 25 years. How much should you invest each quarter if you can earn a rate of 7.7% compounded quarterly?

a) How much should you deposit each quarter?

$

b) How much total money will you put into the account?

$

c) How much total interest will you earn?

$