Mathematics, 27.10.2020 05:40 julianrod1201
An ordinary annuity pays 6.84% compounded monthly.
(A) A person deposits $100 monthly for 30 years and then makes equal monthly withdrawals for the next 15 years, reducing the balance to zero. What are the monthly withdrawals? How much interest is earned during the entire 45-year process?
(B) If the person wants to make withdrawals of 2,000 per month for the last 15 years, how much must be deposited monthly for the first 30 years?
(A) The monthly withdrawals are $
nothing
(Round to the nearest cent as needed.)
The interest earned during the entire 45-year process is $
nothing
(Round to the nearest cent as needed.)
(B ) _$ must be deposited monthly for the first 30 years.
(Round to the nearest cent as needed.)
Answers: 2
Mathematics, 21.06.2019 14:00
Module 10 coordinate proof using slope and distance answers is quadrilateral abcd a parallelogram? explain how you know.
Answers: 1
Mathematics, 21.06.2019 21:00
Jordan got 27 out of 90 correct on his test . what fraction of the marks did her get correct
Answers: 2
An ordinary annuity pays 6.84% compounded monthly.
(A) A person deposits $100 monthly for 30 years...
Mathematics, 19.12.2019 12:31
History, 19.12.2019 12:31
Mathematics, 19.12.2019 12:31
Physics, 19.12.2019 12:31
History, 19.12.2019 12:31
English, 19.12.2019 12:31
Mathematics, 19.12.2019 12:31