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

Author Question: Solve the problem using the Present Value Table below.Find the least amount that could be deposited ... (Read 285 times)

tth

  • Hero Member
  • *****
  • Posts: 579
Solve the problem using the Present Value Table below.


Find the least amount that could be deposited in a bank account today at 8% compounded quarterly to allow $650 withdrawals at the end of each quarter for 5 years.
◦ $10,190.70
◦ $11,057.15
◦ $10,628.15
◦ $54,371.85


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tth on Feb 26, 2020

joshraies

  • Sr. Member
  • ****
  • Posts: 351
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 50% of students answer this correctly




tth

  • Member
  • Posts: 579
Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review


duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library