Suppose \( \$ 15,000 \) is deposited into an account paying \( 6.5 \% \) interest, which is compounded annually. How much money is in the account after five years, if no vhithdrawals or odditional deposits are made? \[ \begin{array}{l}\$ 20,551.30 \\ \$ 19,875.00\end{array} \] \( \$ 20,597.80 \)

a. The future value of \( \$ 590 \) six years from now at 5 percent. b. The future value of \( \$ 1,000 \) saved each year for 10 years at 7 percent. c. The amount a person would have to deposit today (present value) at

2.2 Convert an interest rate of \( 10 \% \) pal compounded quarterly to an annual effective interest rate. A lawnower was traded in for 2.326 anter 10 years. The depreciation was caleulated at \( 9.2 \% \) p.a. on a straight-line basis. Determine the cost of the lawnmower 10 years ago.

Si un valor inicial es \( 100 \) y el factor de crecimiento es \( 1.05 \), ¿cuál será el valor después de 3 períodos?

Determine the number of months to complete paying for the balance.

₹ 6.050 is borrowed at \( 6.5 \% \) rate of indereat p.a. Find the inderest and the amount to be paid at the end of 3 years.