You deposit $500 each month into an account earning 3% interest compounded monthly. Round to the nearest cent as needed. a) How much will you have in the account in 25 years? b) How much total money will you put into the account? $4 c) How much total interest will you earn?

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A: Future Value is the compounding of present value at the specified rate of interest.

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Q: You deposit $6000 in an account earning 4% interest compounded monthly. How much will you have in…

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Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

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Q: You deposit $600 each month into an account earning 4% interest compounded monthly.  a) How much…

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Q: You deposit $3000 each year into an account earning 8% interest compounded annually. How much will…

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Q: You deposit $200 each month into an account earning 8% interest compounded monthly. Round to the…

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Q: You deposit $5000 each year into an account earning 3% interest compounded annually how much will…

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Q: You deposit $100 each month into an account earning 8% interest compounded monthly. a) How much…

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