# Math Questions. correct answers only

*label*Mathematics

*timer*Asked: Feb 5th, 2019

*account_balance_wallet*$10

### Question Description

11 Math Questions- Please answer all math questions correctly

## Tutor Answer

Attached.

1. You deposit $100 each month into an account earning 3% interest compounded

monthly.

a) How much will you have in the account in 35 years?

$

74342

b) How much total money will you put into the account?

$

42000

c) How much total interest will you earn?

$

32342

2. You deposit $2000 each year into an account earning 8% interest compounded

annually. How much will you have in the account in 20 years?

$

98,846

3. Suppose you want to have $400,000 for retirement in 20 years. Your account...

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