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October 1, 2014

October 1, 2014

Posted by **kevin** on Sunday, June 12, 2011 at 10:22pm.

P=$1500, r= 7%, t=6

P=1500, r=7%,t=5,k=4

P=$1250, r=5.4%,t=6

- precalc -
**Reiny**, Sunday, June 12, 2011 at 10:45pmI will do the second, then you follow the same method to do the other two

2.

A = 1500(1 + .07/4)^(5*4)

= 1500(1.0175^20

= 2122.17

in the first and third assume that k = 1, that is keep the rate at .07 and .054

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