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Author Question: What is the future value of an annuity of 250 per month for 6 years at 3 interest compounded ... (Read 124 times)

nelaaney

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on: Jun 24, 2018
What is the future value of an annuity of 250 per month for 6 years at 3 interest compounded monthly?  The answer is 23,751.76.
  Indicate whether the statement is true or false

Question 2

Translate into an equation: 11 times the difference of P and 29 gives 759.
 A) 759(P  29 ) = 11
  B) 29(P  759 ) = 11
  C) 11(P  29 ) = 759
  D) 11(P + 29 ) = 759


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dmurph1496

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


nelaaney

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Reply 2 on: Jun 24, 2018
Excellent

alvinum

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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