Wednesday

April 1, 2015

April 1, 2015

Posted by **Anonymous** on Thursday, May 24, 2012 at 7:49am.

- finance -
**Henry**, Friday, May 25, 2012 at 7:07pm1. $5000 @ end of first yr.

2. 5000*1.1 + 5000=10500 @ end of 2nd yr.

3. 10500*1.1 + 5000 = 16,550. @ end of 3rd yr.

4. 16,550*1.1 + 5000 = 23,205 @ end of

fourth yr.

5. 23,205*1.1 + 5000 = 30,525.50 @ end

of 5th yr.

6. 30,525.50*1.1 + 5000 = $38,578.05 @

end of 6th yr.

**Answer this Question**

**Related Questions**

business math - If Naomi decides that she will invest $3,000 per year in a 6% ...

Managerial Finance - The future value of an ordinary annuity of 1,000 each year...

Personal Finance - NEED HELP IMMEDIATELY, HAVE UNTIL 10P.M. CENTRAL TO HAVE ...

FIN200- FV, PV and Annuity Due CP - I just want to know if anyone can help me in...

Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...

Finance - 9. H Corporation is considering a training program that cost $600,000...

finance - Can someone please help me with the following question. I am not sure ...

Finance - 10. A new factory at Arcata requires an initial outlay of $3.5 million...

Math(Please help) - Betsy, a recent retiree, requires $6,000 per year in extra ...

math(Please help) - Betsy, a recent retiree, requires $6,000 per year in extra ...