Solve the problem.You want to have a $25,000 college fund in 5 years. How much will you have to deposit now in an account with an APR of 3.3% and annual compounding?

Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.$400 deposit at an APR of 3% with quarterly compounding for 3 years

Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.$2000 deposit at an APR of 3% with monthly compounding for 2 years

Use the compound interest formula to determine the accumulated balance after the stated period. Assume that interest is compounded annually.$18,000 is invested at an APR of 8% for 5 years.

Use the compound interest formula to determine the accumulated balance after the stated period. Assume that interest is compounded annually.$1620 is invested at an APR of 3% for 15 years.

Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.$4500 deposit at an APR of 3% with monthly compounding for 6 years

Calculate the balance under the given assumptions.Find the savings plan balance after 10 years with an APR of 4% and monthly payments of $567.

Calculate the amount of interest you’ll have at the end of the indicated period.You invest $8000 in an account that pays simple interest of 3% for 13 years. Save

Use the compound interest formula to determine the accumulated balance after the stated period. Assume that interest is compounded annually.$15,000 is invested at an APR of 8% for 5 years.

Calculate the amount of interest you’ll have at the end of the indicated period.You invest $8000 in an account that pays simple interest of 2% for 4 years Save