Your goal is to accumulate $100,000 in four years' time. What half-yearly deposit must you make into a savings account to reach your goal? Interest rates are 5% per half-year. Group of answer choices $2,264.88 $11,446.73 $23,201.18 $10,472.18

You need to have $33,000 in 9 years. You can earn an annual interest rate of 3 percent for the first 5 years, and 3.6 percent for the next 4 years. How much do you have to deposit today?Multiple Choice$25,511.20$24,710.91$25,291.75$26,368.52$24,003.59

Suppose you want to have $400,000 for retirement in 25 years. Your account earns 7% interest. How much would you need to deposit in the account each month to reach your goal?Round your answer to the nearest cent as needed.

You have just deposited $7,000 into an account that promises to pay you an annual interest rate of 5.7 percent each year for the next 8 years. You will leave the money invested in the account and 20 years from today, you need to have $19,100 in the account. What annual interest rate must you earn over the last 12 years to accomplish this goal?Multiple Choice4.78%4.41%4.35%5.38%3.82%

How much money should be deposited in a bank for half a year at an interest rate of 4% p.a. in order to gain $5 000 simple interest?

Which savings account will earn the most interest?A.$5,000 at 4 percent simple interest for four yearsB.$10,000 at 2 percent simple interest for four yearsC.$10,000 at 2 percent interest compounded for four yearsD.$5,000 at 4 percent interest compounded for four years