Homework Help: Business Finance

Posted by Step on Thursday, January 19, 2012 at 1:34pm.

How much must be deposited now, at 6% interest compounded semiannully, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years?

Business Finance - adriana, Wednesday, March 28, 2012 at 5:37pm
Meg's pension plan is an annuity with a guaranteed return of 3% per year (compounded quarterly). She would like to retire with a pension of $30,000 per quarter for 10 years. If she works 22 years before retiring, how much money must she and her employer deposit each quarter?

Answer this Question

Related Questions

Business Finance - How much must be deposited now, at 6% interest compounded ...
Business finance - How much money must be deposited now, at 6% interest ...
Math - please check my answer thanks :) How much money must be deposited now, at...
Math - please check my answer thanks :) How much money must be deposited now at ...
Math - please explian how to figure this out thanks :) How much money must be ...
finance - A 5-year annuity of ten $4500 semiannual payments will begin 9 years ...
Business Algebra - Part I: As a financial planner a client comes to you for ...
business math 205 - Calculate the future of the following Ordinary Annuities. ...
math - find the present value of ordinary annuity payments of 890 each year for ...
finance - Can someone please help me with the following question. I am not sure ...

For Further Reading

First Name:
School Subject:
Answer: