subject
Business, 23.09.2019 19:00 Jxsolvez

Grandma decides to put 1500 dollars every month into an account for you. she makes 24 monthly deposits, the last coming september 1, 2003 - the day you start college. she wants you to be able to withdraw money from this account at the beginning of each month, with the first withdrawal coming september 1, 2003 and the last coming june 1, 2008, (when you'll graduate). (note: that makes 58 withdrawals total.) how much will you be able to withdraw each month if the account is earning a nominal interest rate of 9.3 percent convertible monthly?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:50
True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.
Answers: 2
question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
question
Business, 22.06.2019 22:50
Which of these makes a student loan different from other types of loans
Answers: 1
question
Business, 23.06.2019 02:10
Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.
Answers: 2
You know the right answer?
Grandma decides to put 1500 dollars every month into an account for you. she makes 24 monthly deposi...
Questions
question
Mathematics, 31.05.2021 19:00
Questions on the website: 13722367