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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 2608
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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Can someone help me with these. They need to be done in an

Customer Reply

Customer: replied 9 years ago.
Can someone help me with these. They need to be done in an hour and I am stuck.

Daniel deposits $2,000 per year at the end of the year for the next
15 years into an IRA account that currently pays 7%. How much will Daniel have on deposit at the end of the 15 years?

Jill Clinton puts $1,000 in a savings passbook that pays 4%
Compounded quarterly. How much will she have in her account after 5    years?

Tracey deposits $5,000 in a 5-year certificate of deposit paying 6%
compounded semiannually. How much will Tracey have at the end of
5-year period?
Expert:  RD replied 9 years ago.
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