Question: please show steps and answer all! Derek will deposit $7.561.00 per year for 30.00 years into an account that earns 13.00%. The first deposit is

please show steps and answer all!
please show steps and answer all! Derek will deposit $7.561.00 per year

Derek will deposit $7.561.00 per year for 30.00 years into an account that earns 13.00%. The first deposit is made next year. How much will be in the account 36.00 years from today? Submit Answer format: Currency Round to: 2 decimal places Derek will deposit $434.00 per year for 15.00 years into an account that earns 10.00%. The first deposit is made today. How much will be in the account 15.0 years from today? Note that he makes 15.0 total deposits Submit Answer format: Currency: Round to: 2 decimal places. Derek will deposit $840.00 per year into an account starting today and ending in year 6.00. The account that earns 14.00%. How much will be in the account 6.0 years from today? Submit Answer format: CurrencyRound to: 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!