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

Author Question: The bottom line to a personal income statement is the contribution to savings figure. Indicate ... (Read 180 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jul 11, 2018
The bottom line to a personal income statement is the contribution to savings figure.
 
  Indicate whether the statement is true or false

Question 2

If you wish to accumulate 200,000 in the child's college fund after 18 years, and can invest at a 7.5 annual
  rate, how much must you invest at the end of each year if the first deposit is made at the end of the first year?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

5,605.79


asd123

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jul 11, 2018
TY


cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jul 11, 2018
Happy to Help


« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

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?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
Among non-Muslims in the United States, wearing a head scarf, or a khimar, is a personal fashion ... Among non-Muslims in the United States, wearing a head scarf, or a khimar, is a personal fashion ...
Top: Autoclave tape before sterilization. Bottom: Autoclave tape after sterilization. Top: Autoclave tape before sterilization. Bottom: Autoclave tape after sterilization.
The engine is rotated until the timing marks on the front of the crankshaft line up with zero ... The engine is rotated until the timing marks on the front of the crankshaft line up with zero ...
Contribution of enthalpy and entropy to several favorable processes Contribution of enthalpy and entropy to several favorable processes
How to find the equation of a line that is parallel to a line passing through a point How to find the equation of a line that is parallel to a line passing through a point
Video: Digestive chemicals - water, gastric acid, bile & bicarbonate

For a complete list of videos, visit our video library