Business, 03.03.2020 02:14 suepath2844
John finances his daughter's college education by making deposits into a fund earning interest at an annual effective rate of 8%. For 18 years, he deposits x at the beginning of each month. In the 17th through 20th years, he makes a withdrawal of $25,000 at the beginning of each year. The final withdrawal reduces the fund balance to zero. Calculate X :a.) 206.09 b.) 190.82 c.) 318.98 d.) 966.73
Answers: 1
Another question on Business
Business, 22.06.2019 04:30
Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year
Answers: 1
Business, 22.06.2019 10:20
What two things do you consider when evaluating the time value of money
Answers: 1
Business, 22.06.2019 11:30
17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?
Answers: 2
Business, 22.06.2019 13:20
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
You know the right answer?
John finances his daughter's college education by making deposits into a fund earning interest at an...
Questions
History, 27.11.2019 22:31
Geography, 27.11.2019 22:31
Mathematics, 27.11.2019 22:31
