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 70 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
:D TYSM

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

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

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

How to calculate monthly payments at varying amortization periods (Question 2) How to calculate monthly payments at varying amortization periods (Question 2)
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
Photosynthesis: How Glucose Is Made During photosynthesis, the leaves of green plants absorb Photosynthesis: How Glucose Is Made During photosynthesis, the leaves of green plants absorb
Structure of a Sterol Rather than being made from fatty acids Structure of a Sterol Rather than being made from fatty acids
Commercially made peanut butter doesn’t have any detectable levels of trans fatty acids Commercially made peanut butter doesn’t have any detectable levels of trans fatty acids
Quality of U.S. and Japanese-made Automobiles Quality of U.S. and Japanese-made Automobiles
Video: Decubitus Ulcer

For a complete list of videos, visit our video library