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

Author Question: Solve the problem. A = PntP = A = PertY = n - 1James and Susan wish to have $10,000 available for ... (Read 155 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535

Question 1

Solve the problem.

A = PntP = A = PertY = n - 1


How much money should be deposited today in an account that earns 7% compounded quarterly so that it will accumulate to $6500 in 5 years?
◦ $9196.06
◦ $4594.36
◦ $4634.41
◦ $1905.64

Question 2

Solve the problem.

A = PntP = A = PertY = n - 1


James and Susan wish to have $10,000 available for their wedding in 4 years. How much money should they set aside now at 6% compounded monthly in order to reach their financial goal?
◦ $7870.98
◦ $10,616.78
◦ $2500.00
◦ $9419.05


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahriuashd on Feb 2, 2020

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
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




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Feb 2, 2020
:D TYSM


milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

For a complete list of videos, visit our video library