subject
Mathematics, 28.06.2019 05:30 albattatasraap5wymy

Max is trying to save for retirement. he is going to deposit the same amount each month for 20 years into an account that pays 4.2% compounded interest. at the end of 20 years he would like to have $350,000, how much does he need to deposit each month (round to the nearest dollar)? a) $932 b) $933 c) $11,511 d) $11,512

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Can someone check if i did this right since i really want to make sure it’s correct. if you do you so much
Answers: 1
question
Mathematics, 21.06.2019 19:30
At the beginning of 1974/75,2 years a man invested #2000 in a bank at 12.5% compound interest, if it degree #650 at the end of each two years to pay his son's school fees, after payment of interest to pay his son's school fees, how much did he have left at the beginning of the 1978/79 school year?
Answers: 3
question
Mathematics, 21.06.2019 20:30
Which inequality statement describes the two numbers on a number line? "? 7 and a number 5 units to the right of ? 7"
Answers: 2
question
Mathematics, 21.06.2019 20:30
Secant be and cf intersect at point d inside a what is the measure of cde
Answers: 1
You know the right answer?
Max is trying to save for retirement. he is going to deposit the same amount each month for 20 years...
Questions
question
Geography, 19.05.2020 21:04
question
Mathematics, 19.05.2020 21:04
question
Mathematics, 19.05.2020 21:04
Questions on the website: 13722367