Posted by **james** on Friday, October 5, 2012 at 7:06pm.

what is the future value of $8000 a year for 28 years at 7.5%

- Math -
**Allison**, Friday, October 5, 2012 at 7:20pm
you take the principal multiplied by the rate by the time. That equals the interest and then you add it to the principal that is the future total

- Math -
**Reiny**, Friday, October 5, 2012 at 7:49pm
amount = 8000( 1.075)^28 = $60,607.59

- Math -
**sara cardoso**, Thursday, October 11, 2012 at 5:13pm
I like math

## Answer This Question

## Related Questions

- fin 200 question - Jean will receive $8,500 per year for the next 15 years from ...
- Finance - An investment will provide Nicholas with $100 at the end of each year ...
- math - Computing future value calculate the future value of a retirement account...
- Personal Finance - NEED HELP IMMEDIATELY, HAVE UNTIL 10P.M. CENTRAL TO HAVE ...
- Finance - Comparing Future Value. Calculate the future value of a retirement ...
- financal problems - Computing future value. Calculate the future value of a ...
- personal finances - computing future value. calucale the future value of a ...
- Finance - Jean will receive $8,500 per year for the next 15 years from her trust...
- finance - Use the following scenario to answer Discussion Question 2. Jean will ...
- calculus - It is estimated that x years from now, the value V(x) of an acre of ...

More Related Questions