Mathematics, 08.08.2019 02:30 olamagdziak2007
Suppose an individual makes an initial investment of $1800 in an account that earns 6.6%, compounded monthly, and makes additional contributions of $100 at the end of each month for a period of 12 years. after these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to $0). (round your answers to the nearest cent.)
(a) how much is in the account after the last deposit is made?
(b) how much was deposited?
(c) what is the amount of each withdrawal?
(d) what is the total amount withdrawn?
Answers: 2
Mathematics, 21.06.2019 12:30
Landon wallin is an auto mechanic who wishes to start his own business. he will need $4400 to purchase tools and equipment. landon decides to finance the purchase with a 48-month fixed installment loan with an apr of 5.5%. a) determine landon's finance charge. b) determine landon's monthly payment.
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Mathematics, 21.06.2019 20:30
In the diagram of circle o, what is the measure of zabc?
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Mathematics, 21.06.2019 22:30
Which term below correctly completes the following sentence? if a function has a vertical asymptote at a certain x value, then the function is what at that value
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Suppose an individual makes an initial investment of $1800 in an account that earns 6.6%, compounded...
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