Question: please do all 3 i will upvote :) tysm Consider a deposit of $10,000 made for 10 years earning 4.00%(A) interest. How much interest was
please do all 3 i will upvote :) tysm
Consider a deposit of $10,000 made for 10 years earning 4.00%(A) interest. How much interest was earned due to compounding? In other words, what was the difference between compounded interest and simple interest. Answer in dollars to no decimal places (Sxxx). Aunt Maude passes away and leaves you $200,000. You deposit it into the bank, and you add another $1,000 to the savings account every quarter. The account pays 2.00%(Q.) interest. What is the value of the account after 12 years? Answer in dollars to no decimal places (Sxxx). What's the present value, when interest rates are 10.00%(A) percent, of a $1,000 payment made every year forever (i.e. in perpetuity)? Answer in dollars to no decimal places ($xxx)
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