How much money will be in the account after eight years

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Reference no: EM131998442

1) If you deposit $432 into an account paying 11.2% annual interest compounded quarterly, how long until there is $85000 in the account?

2) If you deposit $98010 at 11.2% annual interest compounded quarterly, how much money will be in the account after 8 years?

3) If you deposit $1300 into an account paying 11.4% annual interest compounded monthly, how long until there is $24500 in the account?

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Reference no: EM131998442

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