If you deposit 700,000 in an account that pays 4.5% a year, how much will there be in the account in 10 years?

If you deposit 15,250 in an account that pays 7.5% a year, in how many years will the account be 35,000?

You opened an account 25 years ago with 2,000 and today it's worth 10,000. What's the rate paid on the account?

How many years does it take to make 5 times your initial investment if you're earning 6%?How much do you need to invest now for the investment to be worth 10,000 in 5 years if it pays 5%?

Answer rating: 100% (QA)

Sure Let s calculate the answers step by step 1 If you deposit 700 000 in an account that pays 4 5 a year we can use the formula for compound interest View the full answer