Monday

November 24, 2014

November 24, 2014

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

- Math -
**Reiny**, Friday, November 11, 2011 at 5:00pmi = .06/2 = .03

n = 24

Present value = 400(1 - 1.03^-24)/.03

= ....

you do the button-pushing

- Math -
**Bethany Ann**, Saturday, October 27, 2012 at 4:13pm12 years x2 =24periods

6%/2=3%

24 periods @3%

400 x 16.9355= $6,774.20

**Answer this Question**

**Related Questions**

math - Ed Long promised to pay his son $400 semiannually for 12 years. Assume Ed...

Finance - Nancy Bellow promised her son she would pay him $600 a quarterly for ...

finite math - A $1.2 million state lottery pays $5,000 at the beginning of each ...

Math - Alice Longtree has decided to invest $400 quarterly for 4 years in an ...

Math - Amy Powell invested $8500 twice a year in an ordinary annuity at New York...

math - Jim wants to deposit money in an account to save for a new stereo system ...

math - how much money should you invest now to have 5000 in 11 years if you ...

math - how much money should you invest now to have 7000 in 11 years if you ...

math - how much money should you invest now to have 6000 in 11 years if you ...

math - Semiannually deposits of $400 are made for 10 years into an annuity that ...