Question: Find the final amount (rounded to the nearest dollar) in this retirement account, in which the rate of return on the account and the regular

Find the final amount (rounded to the nearest dollar) in this retirement account, in which the rate of return on the account and the regular contribution change over time.

$300per month invested at4%, compounded monthly, for15years; then $600per month invested at7%, compounded monthly, for15years.

Group of answer choices

About $418,557

About $759,769

About $400,507

About $264,005

Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period.

$8300; money earns5% compounded annually;payments

Group of answer choices

$423.50

$220.08

$468.58

$521.45

$28,000; money earns4% compounded semiannually for

Group of answer choices

$1085.97

$970.71

$362.23

$1025.68

Find the future value of the annuity due.

Payments of $500 made at the beginning of each year forat4% compounded annually

Group of answer choices

$4791.40

$5503.05

$18,003.05

$6243.18

Find the future value of the annuity due.

$200 deposited at the beginning of each quarter forat9% compounded quarterly

Group of answer choices

$2005.69

$7857.75

$7120.14

$7484.84

Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as the payment period.

$6000; quarterly payments for4years; interest rate4.8%.

Group of answer choices

$90.83

$245.96

$65.14

$338.33

Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as the payment period.

$120,000; monthly payments for7years; interest rate7%.

Group of answer choices

$1104.68

$1121.51

$3300.03

$265.79

Solve the problem.

At the end of every 3 months, Teresa depositsinto an account that pays5% compounded quarterly. Aftershe puts the accumulated amount into a certificate of deposit paying8.5% compounded semiannually forWhen this certificate matures, how much will Teresa have accumulated?

Group of answer choices

$2452.16

$2656.17

$2278.50

$2440.41

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