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What is in the account at the end of five years

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Question 1: how much money would you have to deposit for 5 consecutive years starting 1 year from now if you want to be able to withdraw 50,000 10 years from now if interest is 14% compounded annually?

Question 2: a man deposits 650 every ed of 6 months if an account paying 5% interest compounded semi-annually. what is in the account at the end of 5years and 6 months?

Question 3: a tv set is offered for sale for 5000 dow paymet ad 240 every 3 months for the balance of 2 years and 9 months. if interest is to be cmputed at 5% converted quarterly what is the cash equivalet of the tv set?

Reference no: EM132787640

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