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Author Question: Calculate the amount of money that must be deposited at the end of every month into an account ... (Read 88 times)

geodog55

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on: Jun 6, 2019

Question 1

Calculate the amount of money that must be deposited at the end of every three months into an account paying 6% compounded monthly to accumulate to $12 500.00 in ten years.
◦ $304.94
◦ $229.97
◦ $80.77
◦ $293.75
◦ none of the above

Question 2

Calculate the amount of money that must be deposited at the end of every month into an account paying 12% compounded annually to accumulate to $100 000.00 in ten years.
◦ $434.71
◦ $416.67
◦ $450.59
◦ $45.06
◦ $833.33
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by geodog55 on Jun 6, 2019

miss.ashley

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Reply #1 on: Jun 6, 2019
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.
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geodog55

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Reply 2 on: Jun 6, 2019
Great answer, keep it coming :)

bassamabas

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Reply 3 on: Yesterday
Excellent

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