Posted by cheryl on Friday, February 11, 2011 at 10:34pm.
V P310. Calculating Present Value of a Savings Fund. (Obj. 5)
Hal Thomas wants to establish a savings fund from which a community organization could draw $850 a year for 45 years. If the account earns 6 percent, Hal will have to deposit $ now to achieve this goal.

accounting  Joanne, Friday, January 23, 2015 at 5:43pm
12920
Answer This Question
Related Questions
 personal finance  Hal Thomas wants to establish a savings fund from which a ...
 MATH FOR LIBERAL ARTS  Maria just inherited $10,000. Her bank has a savings ...
 math  Your invest $3,000 annually in a mutual fund that earns 10 percent ...
 math 141  Maria just inherited $10,000. Her bank has a savings account that ...
 accounting  Mr. Jones intends to retire in 20 years at the age of 65. As yet ...
 Accounting  Mr. jones intends to retire in 20 years at the age of 65. As yet he...
 calculating annuity  IF a company will generate 80,000 in annual revenue each ...
 Algebra  A mother wants to invest 8,000 dollars into her child's college fund. ...
 6 grade algebra  cindy earns 6% simple interest each year on her savings ...
 accounting  Six annual payments of $250 into savings account earns 1.5% ...
More Related Questions