how much of the $90,000$90,000 will Kevin ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary
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- James deposits a fixed quarterly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $60,000 in 12 years. Assuming an APR of 3.3 % compounded quarterly, how much of the $60,000 will James ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary. PANE Formulas KeypadJames deposits a fixed quarterly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $60,000 in 17 years. Assuming an APR of 3.7%, how much of the $60,000 will James ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary.Walter deposits a fixed quarterly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $80,000 in 12 years. Assuming an APR of 3.7% compounded quarterly, how much of the $80,000 will Walter ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary.
- James deposits $768.51 each quarter into an annuity account for his child's college fund. He wishes to accumulate a future value of $65,000 in 16 years. Assuming an APR of 3.4%, how much of the $65,000 will James ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary. Amount James will deposit: $ Interest earned: $James deposits $266.40 each month into an annuity account for his child's college fund in order to accumulate a future value of $80,000 in 18 years. How much of the $80,000 will James ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary.Cyrus deposits $744.88 each quarter into an annuity account for his child's college fund. He wishes to accumulate a future value of $75,000 in 18 years. Assuming an APR of 3.6%, how much of the $75,000 will Cyrus ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary.
- Willie deposits a fixed monthly amount into an annuity account for his child’s college fund. He wishes to accumulate a future value of $125,000 in 15 years. Assuming an APR of 3.5% how much money should Willie deposit monthly in order to reach his goal. How much of the $125,000 will Willie ultimately deposit in the account, and how much is interest earned?Willie deposits a fixed monthly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $75,000 in 15 years. Assuming an APR of 3.5%, how much will Wilie deposit monthly to reach his goal? How much of the 75,000 will Willie ultimately deposit and how much is interest earned?Cyrus deposits a fixed monthly amount into an annuity account for his child's college fund. Hewishes to accumulate a future value of $95,000 in 18 years. Assuming an APR of 3.4% compoundedmonthly, how much of the $95,000 will Cyrus ultimately deposit in the account, and how much isinterest earned?
- Walter deposits S380.89 each month into an annuity account for his child's college fund in order to accumulate a future value of $90,000 in 15 years. How much of the $90,000 will Walter ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary. Formulas AnswerHow to enter your annwer fopens in new window Keypad Keyboard Shortcuts Amount Walter will deposit: S ev Ne Interest earned: $When your son is born you want to determine what lump amount would you have to be paid into an account bearing interest of 10%/yr to provide withdrawals of $10,000 on each of your son's 18th, 19th, 20th, and 21st birthdayShawn purchases a retirement annuity that will pay him $1,000 at the end of every six months for the first nine years and $300 at the end of every month for the next six years. The annuity earns interest at a rate of 2.8% compounded quarterly. a. What was the purchase price of the annuity? Round to the nearest cent b. How much interest did Shawn receive from the annuity? Round to the nearest cent