SOLUTION: You deposit P1000 into a 9% account today. At the end of two years, you will deposit another P3,000. In five years, you plan a P4000 purchase. How much is left in the account one y
Algebra.Com
Question 1169918: You deposit P1000 into a 9% account today. At the end of two years, you will deposit another P3,000. In five years, you plan a P4000 purchase. How much is left in the account one year after the purchase?
Answer: P1,552
Please show the solution.
Answer by Solver92311(821) (Show Source): You can put this solution on YOUR website!
Multiply 1000 times ^2)
Add 3000 to the result
Multiply that result by ^3)
Subtract 4000 from that result
Multiply that result by )
John
My calculator said it, I believe it, that settles it
From
I > Ø
RELATED QUESTIONS
4. You are planning to deposit $15,000 into a bank account at the end of each year for 5... (answered by Theo)
A STUDENT DEPOSIT 1500.00 IN A 9% ACCOUNT TODAY HE INTENDS TO DEPOSIT ANOTHER 3000.00 AT... (answered by mananth,rfer)
What will the future value be if you open the account with $1,000 today, and then make... (answered by ikleyn)
you have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000... (answered by Theo)
You deposit $1000 at the end of each year into an account earning 4% interest compounded... (answered by ikleyn)
You deposit $265 in a bank account that offers 5% annual compounding interest. At the end (answered by rfer)
Suppose you want to have $300,000 for retirement in 20 years. Your account earns 9%... (answered by ikleyn)
1)Suppose you invest $150 at the end of each month for 6 years into an account earning 6% (answered by ikleyn)
You deposit $790 into an account paying 4.1% simple interest.
(a) How much interest... (answered by ewatrrr,ikleyn)