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Author Question: Joan wants to start an annuity that will havein it when she retires inHow much should she invest ... (Read 90 times)

ericka1

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Question 1

Bob deposits $5000 at the end of each year into an annuity which earns 10% interest compounded annually.  How much is the annuity worth after ?
◦ $139,874.92
◦ $158,862.41
◦ $179,748.65
◦ $153,862.41

Question 2

Joan wants to start an annuity that will have  in it when she retires in  How much should she invest annually in her annuity to do this if the interest is 8% compounded annually?
◦ $35,391.36
◦ $31,328.03
◦ $8931.40
◦ $31,315.03


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Marked as best answer by ericka1 on Jun 16, 2021

missalyssa26

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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.
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ericka1

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Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)


jojobee318

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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