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Author Question: Solve the problem. Round to the nearest dollar. Suppose that you earned a bachelor's degree and now ... (Read 526 times)

ishan

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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
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Marked as best answer by ishan on Feb 2, 2020

Natalie4ever

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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.
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ishan

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Reply 2 on: Feb 2, 2020
YES! Correct, THANKS for helping me on my review

alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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