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

Author Question: Planning for their child's college education, David and Carol Roberts opened an account paying 6.36% ... (Read 668 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 6, 2019

Question 1

You have inherited some money and you want to set some of that money aside for ten years. After ten years, you would like to receive $7600.00 at the end of each 6 months for nine years. If the interest is 6.5% compounded semi-annually, how much of your inheritance must you set aside?

Question 2

Planning for their child's college education, David and Carol Roberts opened an account paying 6.36% compounded monthly. If ordinary annuity payments of $700.00 per month are to be paid out of the account for three years starting seven years from now, how much did the Roberts' deposit?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by wenmo on Jun 6, 2019

jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 6, 2019
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 58% of students answer this correctly


wenmo

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 6, 2019
Thanks


jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Jun 6, 2019
Welcome :)


unknown21

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Sep 11, 2019
thank you


Jaguar G.

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Apr 20, 2020
thank you


Shovit Sagar

  • Newbie
  • *
  • Posts: 1
Reply #6 on: Oct 28, 2020
Thank You


Balvinder Singh

  • Newbie
  • *
  • Posts: 2
Reply #7 on: Feb 26, 2021
thanku


Jccccc

  • Newbie
  • *
  • Posts: 1
Reply #8 on: Feb 27, 2021
Thank you


« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Child development varies and is hard to predict Child development varies and is hard to predict
In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through
David Hume (1711‑1776) was a Scottish philosopher whose skeptical examinations of religion, ... David Hume (1711‑1776) was a Scottish philosopher whose skeptical examinations of religion, ...
Measuring the Head Circumference of an Infant or Small Child Measuring the Head Circumference of an Infant or Small Child
College Band College Band
Child-resistant Packaging Child-resistant Packaging
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library