Math Homework

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In the following ordinary annuity, the interest is
In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.Find the required payment for the sinking fund. (Round you… read more
R.R. Jha
Bachelor's Degree
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In the following ordinary annuity, the interest is
In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.Find the required payment for the sinking fund. (Round you… read more
R.R. Jha
Bachelor's Degree
5,839 satisfied customers
I am in finite math and we are working on problems that use
I am in finite math and we are working on problems that use the present value equation. Can you help me? … read more
R.R. Jha
Bachelor's Degree
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Attn: Ashok -Find the interest rate on a loan charging \$912
Attn: Ashok -Find the interest rate on a loan charging \$912 simple interest on a principal of \$4750 after 6 years. ____% -Find the principal of a loan at 6.2% if the simple interest after 5 years 6 mo… read more
Ashok Kumar
Master's Degree
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1) A loan of \$8000 is to be repaid with monthly payments for
1) A loan of \$8000 is to be repaid with monthly payments for three years at 12% interest compounded monthly. Calculate the monthly payment. A) \$211.37 B) \$237.00 C) \$265.71 D) \$264.38 E) none of these… read more
Stevewh
Teacher
Bachelor's Degree
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1. Determine the present value P you must invest to have future
1. Determine the present value P you must invest to have future value A at simple interest rate r after time t. A=\$6000.00, r=15.0%, t=26 weeks 2. A radio commercial for a loan company states; “You on… read more
Chirag
Master's Degree
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find the lump sum deposited today that will yield the same
find the lump sum deposited today that will yield the same total amount as this yearly payment made at the end of each year for 20 years at the given interest rate, compounded annually. Round answer t… read more
Osbert12
Master's Degree
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For a 10 year period, Joe deposited \$700 each quarter into
For a 10 year period, Joe deposited \$700 each quarter into an account paying 3% annual interest compounded quarterly. (Round your answers to the near cent.) (a) How much money was in the account at th… read more
Ryan
Bachelor's Degree
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4. At the end of every 3 months, Jusy deposits \$100 into an
4. At the end of every 3 months, Jusy deposits \$100 into an account that pays 6% compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying 7.5% compound… read more
Chirag
Master's Degree
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here is the first part of the question 7. Use the compound
here is the first part of the question 7. Use the compound interest formulas A=p(1+ r/n)nt and a=pe rt to slove the problem given. Round answers to the nearest cent Find the accumulated value of an in… read more
Scott
Master's Degree
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Suppose that \$8,000 is invested at an interest rate of 5%,
Suppose that \$8,000 is invested at an interest rate of 5%, compounded quarterly, for t years. a. Use A(t)=P(1+r/n)^n/t to write a function in terms of t. b. How much money will be in the account after… read more
Chirag
Master's Degree
10,329 satisfied customers
Use the compound interest formulas A P (1 + r over n)^nt
Use the compound interest formulas A = P (1 + r over n)^nt and A = Pe^rt to solve the problem given (round answers to nearest cent). Find the accumulated value of an investment of \$20,000 for three ye… read more
Scott
Master's Degree
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Hello, Susan can you help me with these type of problem. 4)How
Hello, Susan can you help me with these type of problem. 4)How long will it take for prices in the economy to double at a 5% annual inflation rate? Round answer to the nearest year. my answer is 14yrs… read more
Osbert12
Master's Degree
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Susan and Bill Stamp want to set up a TDA that will generate
Susan and Bill Stamp want to set up a TDA that will generate sufficient interest at maturity to meet their living expenses, which they project to be \$1,200 per month. (a) Find the amount needed at mat… read more
Dr. Dan
Doctoral Degree
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need assistance with formulating a one page paper for the following
need assistance with formulating a one page paper for the following question. i need to take the current amount i have in my checking so i will give u a fictional number of(8,000) & savings account(20… read more
R.R. Jha
Bachelor's Degree
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For Scott Albert makes a one time deposit of \$5000 into
For "Scott" Albert makes a one time deposit of \$5000 into a savings account at 6% interest compounded monthly. Barbara deposits \$100 into a savings account at the end of every month for 5 years at 6% … read more
Scott
Master's Degree
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Solve the problem using the present value formula P A/(1+r/n)^nt
Solve the problem using the present value formula P =A/(1+r/n)^nt . How much money should be deposited today in an account that earns 11% compounded quarterly so that it will accumulate to \$8600 in 12… read more
Chirag
Master's Degree
10,329 satisfied customers
A P(1+r/n)^nt A is the amount of the return. P is the principal
A = P(1+r/n)^nt A is the amount of the return. P is the principal amount initially deposited. r is the annual interest rate (expressed as a decimal). n is the number of compound periods in one year. t… read more
Ben Brown
Bachelor's Degree
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