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Author Question: Gretta wants to retire inAt that time she wants to be able to withdrawat the end of eachforAssume ... (Read 60 times)

iveyjurea

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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
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Marked as best answer by iveyjurea on Jun 16, 2021

Carliemb17

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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.
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iveyjurea

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

laurnthompson

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Reply 3 on: Yesterday
Excellent

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