Question: can someone do all 4 please Derek wants to withdraw $12,385.00 from his account 5.00 years from today and $13,159.00 from his account 14.00 years
can someone do all 4 please
Derek wants to withdraw $12,385.00 from his account 5.00 years from today and $13,159.00 from his account 14.00 years from today. He currently has $2,431.00 in the account. How much must he deposit each year for the next 14.0 years? Assume a 6.77% interest rate. His account must equal zero by year 14.0 but may be negative prior to that. Answer format: Currency: Round to: 2 decimal places. Derek currently has $10,300.00 in an account that pays 4.00%. He will withdraw $5,840.00 every other year beginning next year until he has taken 4.00 withdrawals. He will deposit $10300.0 every other year beginning two years from today until he has made 4.0 deposits. How much will be in the account 22.00 years from today? Answer format: Currency: Round to: 2 decimal places. Derek can deposit $272.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month. Bank A pays 12.00% and compounds interest monthly. Derek can deposit $2,570.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year. Bank B compounds interest annually. What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years? Answer format: Percentage Round to: 4 decimal places (Example: 9.2434\%, \% sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Assume the real rate of interest is 3.00% and the inflation rate is 3.00%. What is the value today of receiving 14,202.00 in 10.00 years
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