This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Karen Peters bought their neighbor's farm for $450 000.00 down and payments of $67100.00 at the end ... (Read 104 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jun 6, 2019

Question 1

Starting three months after her grandchild Crystal's birth, Mrs. Robinson made deposits of $63.25 into a trust fund every three months until Crystal was 19 years old. The trust fund provides for equal withdrawals at the end of each quarter for 5 years beginning three months after the last deposit. If interest is 8.24% compounded quarterly, how much will Crystal receive every three months?

Question 2

Karen Peters bought their neighbor's farm for $450 000.00 down and payments of $67100.00 at the end of every six months for 7 years. What is the purchase price of the farm if the semi-annual payments are deferred for four years and interest is 5.5% compounded semi-annually?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
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.
Answer Preview
Only 26% of students answer this correctly


Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

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.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

American feral farm cat American feral farm cat
Altamont Pass Wind Farm in California Altamont Pass Wind Farm in California
Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ... Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ...
Karen McCoy, Considering Mother's Mantle, project for Stone Quarry Hill Art Park, Cazenovia, ... Karen McCoy, Considering Mother's Mantle, project for Stone Quarry Hill Art Park, Cazenovia, ...
Hector makes payments of $2000.00 into an RRSP at the beginning of every six months starting ... Hector makes payments of $2000.00 into an RRSP at the beginning of every six months starting ...
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ... One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library