Mathematics, 18.07.2019 11:30 amypeace1978
1. michael invests $2000 in an annuity that offers an interest rate of 4% compounded quarterly for 5 years. what is the value of michael's investment after 5 years? $2102.02 $4382.25 $2440.38 $2433.31 2. suppose you invest $50 a month in an annuity that earns 48% apr compounded monthly. how much money will you have in this account after 2 years? $1536.19 $751.29 $1954.13 $2001.29 3. danielle invests $50 a month in an annuity that earns 4% apr and is compounded monthly. what is the future value of danielle's account in 3 years? $1843.29 $2153.85 $1909.06 $2082.39 4. suppose you invest $10,000 at the age of 40, and agree to start receiving payments at the age of 50. at age 48, you decide you want to withdraw $2500 from your account. what is the irs fee you will have to pay? remember, the irs charges 10% if you withdraw before you are 59. 5. show your work to get full credit! 5. suppose you invest $20,000 at the age of 40, and agree to start receiving payments at the age of 50. at age 47, you decide you want to withdraw $7500 from your account. the insurance company charges you 50% of the withdrawal. what is the surrender charge? (show all work to get full credit! )
Answers: 1
Mathematics, 22.06.2019 00:30
Jenny borrowed $500 for five years at 4 percent interest, compounded annually. what is the total amount she will have paid when she pays off the loan? total amount = p (1 + i)t a. $608.33 b. $729.99 c. $765.77 reset next
Answers: 1
Mathematics, 22.06.2019 02:10
Which option identifies how kevin should proceed in the following scenario? four years ago kevin designed an mp3 player for young children. now that technology has changed, he would like to update his design to ensure that it encompasses cutting-edge techniques. by creating a third-angle projection of his ideas by designing an isometric projection of his new ideas by referring to past designs and illustrations of his original model by conferring with engineers who have improved upon similar devices
Answers: 3
1. michael invests $2000 in an annuity that offers an interest rate of 4% compounded quarterly for 5...
English, 12.03.2020 04:58
English, 12.03.2020 04:58
History, 12.03.2020 04:59
Mathematics, 12.03.2020 04:59
Biology, 12.03.2020 04:59
History, 12.03.2020 04:59
Computers and Technology, 12.03.2020 04:59
Mathematics, 12.03.2020 04:59