Height of the kite from the hand =35-3 = 32 ft Distance of the kite from hand = x feet using the formula sin(32) =32/x x = 32/sin(32) =60.3865572736188208=60.4 .............Ans(c)
Andy needs to pay off a loan of $18,000 in 5 years. Find the amortization payment he would need to make each bi-monthly pay period (twice a month) at 6% compounded bi-monthly, in order to pay off the loan.
1300*.10/1.5937424601= 81.569013347265089909993043047244= 81.57
math answer check please
FV * i/(1+i)^n - 1 81.57
Angie needs to have an annuity payment of $1,300 at the end of each year for the next 10 years. How much should she deposit now at 10% interest compounded annually, to yield this payment?
Earl Watkins is ready to retire and has saved up $250,000 for that purpose. He places all of this money into an account which will pay him annual payments for 20 years. How large will these annual payments be if the account earns 17% compounded annually?
math formula help needed
Angie needs to have $15,000 at the end of 6 years. How much should she deposit weekly into an ordinary annuity if it earns 6.5% interest compounded weekly?
thank you ms sue
What type of problem is this? amortization future value?present value? sinking fund? formula...