Computation of future value of investments.
1. Albert invested $12,000 into two accounts. One payed 8% interest and one payed 6% interest. The total return was $880, how much was in each account?
2. How much money will there be in an account at the end of eight years, if $20,000 is deposited at 6% compounded monthly?
3. How much money will there be in an account at the end of eight years, if $20,000 is deposited at 5% compounded continuously?