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

Author Question: Gretta wants to retire inAt that time she wants to be able to withdrawat the end of eachforAssume ... (Read 49 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
on: Jun 16, 2021

Question 1

Find the payment amount p needed to amortize the given amount. Assume that a payment is made in each of the n compounding periods per year.

P = $10,000; i = 12%; t = 4 yr, compounded monthly
◦ $1205.23
◦ $263.34
◦ $259.15
◦ $263.53

Question 2

Gretta wants to retire in  At that time she wants to be able to withdraw  at the end of each  for  Assume that money can be deposited at 8% per year compounded semiannually. What exact amount will Gretta need in 
◦ $408,849.63
◦ $219,856.12
◦ $216,150.38
◦ $212,296.37
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by iveyjurea on Jun 16, 2021

Carliemb17

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 16, 2021
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 64% of students answer this correctly


iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ... Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ...
Healthier choices can be made when time is taken to read a nutrition label. Healthier choices can be made when time is taken to read a nutrition label.
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
Increased amounts of "screen time" are contributing to decreased amounts of physical ... Increased amounts of "screen time" are contributing to decreased amounts of physical ...
Time value money Time value money
Grand Funk Railroad - Bad Time Grand Funk Railroad - Bad Time
Video: Aneurysm

For a complete list of videos, visit our video library