0 Question 27 You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the balance after 8 years? Round your answer to the nearest penny. Question 28 0.5 pts Question 29 0.5 pts You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the balance after 9 years? Round your answer to the nearest penny. 0.5 pts You wish to have $5,859 in 10 years. How much money would you need to deposit now into an account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your answer to two decimal places.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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Question 27
You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the
balance after 8 years? Round your answer to the nearest penny.
Question 28
0.5 pts
Question 29
0.5 pts
You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the
balance after 9 years? Round your answer to the nearest penny.
0.5 pts
You wish to have $5,859 in 10 years. How much money would you need to deposit now into an
account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your
answer to two decimal places.
Transcribed Image Text:Question 27 You deposit $1,830 into an account earning 2.1% per year compounded monthly. What is the balance after 8 years? Round your answer to the nearest penny. Question 28 0.5 pts Question 29 0.5 pts You deposit $15,512 into an account earning 2.1% per year compounded quarterly. What is the balance after 9 years? Round your answer to the nearest penny. 0.5 pts You wish to have $5,859 in 10 years. How much money would you need to deposit now into an account earning 3.6% compounded quarterly in order to have $5,859 in 10 years? Round your answer to two decimal places.
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