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March 5, 2015

March 5, 2015

Posted by **Thara!** on Saturday, April 10, 2010 at 8:13pm.

- Annuity! -
**Reiny**, Saturday, April 10, 2010 at 10:43pmjust change the appropriate numbers in the posting

http://www.jiskha.com/display.cgi?id=1270952022

They are the same question.

- Annuity! -
**Thara!**, Saturday, April 10, 2010 at 11:00pmat age 18:

the amount of the investment = the present value of the annuity

6500(1.019375)^72 = x(1-0.0725/12^-48)/(0.0450/4)

19,177.84 = x(41.55860953)

x=461.46

is dis correct!!!

- Annuity! -
**Thara!**, Saturday, April 10, 2010 at 11:01pmoh no...i mixed the queston

sry...ill try again!! oops

- Annuity! -
**Thara!**, Saturday, April 10, 2010 at 11:03pm7500(1.013125)^72 = x(1-.0725/12^-48)/(.0725/12

19177.84 = x(41.55860953)

461.46 = x

is dis correct??

- Annuity! -
**Reiny**, Saturday, April 10, 2010 at 11:19pmI got the same result to the penny!

good job!

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