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

Author Question: Solve the problem. Round to the nearest dollar. Suppose that you earned a bachelor's degree and now ... (Read 570 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Feb 2, 2020

Question 1

Find the value of the annuity and the interest. Round to the nearest dollar.

A = A = P =


Periodic Deposit: $50 at the end of every month
Rate: 4.25% compounded monthly
Time: 9 years
◦ $1,250,552; $1,245,152
◦ $20,682; $16,182
◦ $6564; $1164
◦ $6536; $2036

Question 2

Solve the problem. Round to the nearest dollar.

Suppose that you earned a bachelor's degree and now you're teaching middle school. The school district offers teachers the opportunity to take a year off to earn a master's degree. To achieve this goal, you deposit $1500 at the end of every three months in an annuity that pays 5.5% compounded quarterly.  How much will you have saved at the end of 5 years? Find the interest.
◦ $143,353; $113,353
◦ $34,262; $4262
◦ $33,786; $3786
◦ $32,317; $2317
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Feb 2, 2020
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


ishan

  • Member
  • Posts: 546
Reply 2 on: Feb 2, 2020
Wow, this really help

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Burn Degree By Tissue Layer Burn Degree By Tissue Layer
How to manually solve a linear system with three variables without matrices (Question 1 of 2) How to manually solve a linear system with three variables without matrices (Question 1 of 2)
How to solve any rational equation by factoring (Part 1) How to solve any rational equation by factoring (Part 1)
Identification of the numbers in the Word Problem Identification of the numbers in the Word Problem
One day, I hope different colleges and universities that online degrees will offer Bachelor of Scien One day, I hope different colleges and universities that online degrees will offer Bachelor of Scien
Please solve this quadractic question Please solve this quadractic question
Video: ribosome

For a complete list of videos, visit our video library