Sunday

March 29, 2015

March 29, 2015

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

- math help plz! -
**Ms. Sue**, Saturday, April 10, 2010 at 10:19pmThis site may help you.

http://www.1728.com/annuity2.htm

- math help plz! -
**Reiny**, Saturday, April 10, 2010 at 10:37pmat age 18:

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

4500(1.035)^36 = x(1 - 1.011875^-16)/.011875

15526.20 = x(14.4938741)

x = 15526.20/14.4938741 = 1071.22

- math help plz! -
**nicole**, Saturday, April 10, 2010 at 11:05pmdid u look it up???

- math help plz! -
**Thara!**, Saturday, April 10, 2010 at 11:10pmthnx for the help.it relly helps.thnc for the site ms.sue.its honestly is useful and thnx reiny now it is easier for me to do the otha question.thnx to who helped me!:D

- math help plz! -
**oh goood**, Tuesday, December 10, 2013 at 7:58amthe answer is 45 done this in year 5 mate. simples

**Answer this Question**

**Related Questions**

Math! plz help! - When Cody's son was born, he put $4,500 in an investment that ...

Annuity! - When Raisel's son was born, she put $7,500 in an investment that ...

math! - When Raisel's son was born, she put $7,500 in an investment that earns 5...

precalc - A $5000 investment earns 7.2% annual interest, and an $8000 investment...

Math - How to calculate this? 4 year term investment. The investment offers a ...

college algebra - An investment initially worth $5300 earns 7.7% annual interest...

Business Algebra - Part I: As a financial planner a client comes to you for ...

Maths B - Kate is thinking about investing $45000 for 5 years. She deposits her ...

Business Algebra - I need to know the formula for these questions and just how ...

pre calculus - Which is worth more after 5 years, an investment of $1000 at 5% ...