2) please show all work
3) please show all work
Find the future value of each annuity due. Then determine how much of this value is from contributions and how much is from interest. Payments of $430 made at the beginning of each quarter for 13 years at 3.8% compounded quarterly The future value of the annuity due is $ (Do not round until the final answer. Then round to the nearest cent as needed.)
Amir deposits $18,000 at the beginning of each year for 16 years in an account paying 6% compounded annually. He then puts the total amount on deposit in another account paying 8% compounded semiannually for another 13 years. Find the final amount on deposit after the entire 29-year period The final amount on deposit after the entire 29-year period is $ (Round to the nearest cent as needed)
Hank made payments of $158 per month at the end of each month for 30 years to purchase a piece of property. He promptly sold it for $133,459. What annual interest rate would he need to earn on an ordinary annuity for a comparable rate of return? ☐x (Round to the nearest hundredth as needed.)
Find the future value of each annuity due. Then determine how much of this value is from contributions and how much is f
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Find the future value of each annuity due. Then determine how much of this value is from contributions and how much is f
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