subject
Mathematics, 26.03.2020 04:55 whyyounodocter

Nelson decides to invest $1,000,000 in a period annuity that
earns 4.8% APR compounded monthly for a period of 15
years. How much money will Nelson be paid each month?

A. $6657.38
B. $4800.00
C. $7804.00
D. $7286.94

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
The amount of money, in dollars, in an account after t years is given by a = 1000(1.03)^t. the initial deposit into the account was $_^a0 and the interest rate was _a1% per year. only enter numbers in the boxes. do not include any commas or decimal points^t. the initial deposit into the account was $__^a0 and the interest rate is % per year.
Answers: 2
question
Mathematics, 21.06.2019 17:30
Find the zero function by factoring (try to show work) h(x)=-x^2-6x-9
Answers: 2
question
Mathematics, 21.06.2019 18:00
Which ordered pair is a solution to the system of linear equations? 2x + 3y= 6 –3x + 5y = 10
Answers: 1
question
Mathematics, 21.06.2019 18:30
The clayton family’s pool has vertices at the coordinates (0, 2), (0, 5), (2, 5), (2, 6), (5, 6), (5, 1), (2, 1), and (2, 2). if each grid square has an area of 9 square feet, what is the area of the pool?
Answers: 1
You know the right answer?
Nelson decides to invest $1,000,000 in a period annuity that
earns 4.8% APR compounded monthly...
Questions
question
History, 01.02.2020 21:45
question
Mathematics, 01.02.2020 21:45
question
Mathematics, 01.02.2020 21:45
question
Mathematics, 01.02.2020 21:45
question
Mathematics, 01.02.2020 21:45
Questions on the website: 13722367