Saturday

April 18, 2015

April 18, 2015

Posted by **kerry** on Monday, October 8, 2012 at 10:38pm.

the answer is $614.67, but im not sure how to get that!

- college math -
**Reiny**, Monday, October 8, 2012 at 10:49pmi = .0675/4 = .016875

present obligation

= 400 + 300(1.016875)^-20 = 614.67

**Answer this Question**

**Related Questions**

math - Liam borrowed a sum of money from his parents as an interest free loan to...

Annuity! - When Raisel's son was born, she put $7,500 in an investment that ...

Math - Joanie takes a $6,000 loan to pay for her car. The annual interest reate...

5 - 5. Assume you borrow $5,000 today and pay back the loan in one lump sum four...

math! - When Raisel's son was born, she put $7,500 in an investment that earns 5...

Survey of Mathematics - On January 5, Ebony Davis borrowed $6,500 on a simple ...

Urgent! Help please! - On January 5, Ebony Davis borrowed $6,500 on a simple ...

Survey of mathematics - On January 5, Ebony Davis borrowed $6,500 on a simple ...

Algebra - Joanie takes a $6000 loan to pay for her car. The interest rate on the...

English - Thank you for your last corrections. Here are some more sentences for ...