Noah and his wife want to save $200,000.00. 

 Using the present value of a periodic deposit, how much should they deposit bi-weekly into an account that pays 5.4% interest, compounded bi-weekly, to meet their goal of $200,000.00 in 22 years?

a) Nancy has decided to deposit $500 at the end of each month for 20 years in an account that pays interest at the rate of 4.8% compounded monthly. How much will be in the account at the end of 20 years? b) John wants to accumulate s 150,000 by depositing $400 at the end of every quarter for 16 years. What is the rate of interest compounding quarterly needed to achieve this? c) James wants to become a millionaire by depositing $1200 in an account that pays interest of 7.2% compounded monthly. What is the minimum number of years needed to become a millionaire?

A corporation creates a sinking fund in order to have $900,000 to replace some machinery in 10 years. How much should be placed in this account at the end of each week if the annual interest rate is 6.7% compounded weekly? (Round your answers to the nearest cent.) How much interest would they earn over the life of the account? Determine the value of the fund after 2, 4, and 6 years 2 years $ 4 years 6 years