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

Author Question: The value of a retirement savings account with a monthly contribution of $150 (contributions made at ... (Read 213 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: May 5, 2020
The value of a retirement savings account with a monthly contribution of $150 (contributions made at the end of each month, including the last month), and an APR of 6.0% (compounded monthly) after 40 years is $298,723.61. Find the value of this retirement savings account after 45 years. Round your answer to the nearest cent.
◦ $413,398.89
◦ $400,660.01
◦ $426,593.02
◦ $382,938.32
◦ $400,326.64
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jazziefee on May 5, 2020

BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: May 5, 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 29% of students answer this correctly


jazziefee

  • Member
  • Posts: 505
Reply 2 on: May 5, 2020
Thanks for the timely response, appreciate it

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Here's how comic book heroes are made Here's how comic book heroes are made
A technician-made adapter used to test exhaust system back pressure. A technician-made adapter used to test exhaust system back pressure.
Generalized scheme showing the contribution of absorption, distribution, metabolism, elimination, ... Generalized scheme showing the contribution of absorption, distribution, metabolism, elimination, ...
What is the contribution of studying wing spot in the field? What is the contribution of studying wing spot in the field?
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ... Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ...
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library