This topic contains a solution. Click here to go to the answer

Author Question: Calculate the accumulated value after twenty years of payments of $12 000.00 made at the end of each ... (Read 116 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568

Question 1

Calculate the accumulated value after ten years of payments of $1000.00 made at the end of each year if interest is 6% compounded monthly.
◦ $13 228.03
◦ $10 228.56
◦ $10 228.03
◦ $13 285.11
◦ $10 600.00

Question 2

Calculate the accumulated value after twenty years of payments of $12 000.00 made at the end of each year if interest is 6% compounded semi-annually.
◦ $240 000.00
◦ $642 766.07
◦ $322 444.73
◦ $445 721.73
◦ $441 427.09


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by meagbuch on Jun 6, 2019

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly





 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library