February 23, 2017

Homework Help: Math

Posted by Anonymous on Friday, November 11, 2011 at 4:36pm.

Ed long promised to pay is son $400 semiannually for 12 years. Assume Ed can invest his money at 6 % in an ordinary annuity. How much must Ed invest today to pay his son $400 semiannually for 12 years?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions