Suppose 10 years ago your father deposited $ 25,000 in an account earning 4.6%. Every year you withdrew $1,200 (your first withdrawal occurred 9 years ago, your last withdrawal is today, you withdrew 10 times in total). How much money is in the account after you withdrew today? Round your final answer to two decimal places.

Samuel Ames owes 20,000 to a friend. He wants to know how much he would have to pay if he paid the debt in 3 annual installments at the end of each year, which would include interest at 14%. Draw a time line for the problem. Indicate what table to use. Look up the table value and place it in a brief formula. Solve.

You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the third year. B. Use the future value of $1 table In Appendix B and verify that your answer is correct.

Suppose Patrick Goldsmith deposited $1000 in an account that earned simple interest at an annual rate of 10% and left it there for 7 years. At the end of the 7 years, Patrick deposited the entire amount from that account into a new account that earned 10% compounded quarterly. He left the money in this account for 3 years. How much did he have after the 10 years? (Round your answer to the nearest cent.)$_____