accounting
posted by Anonymous .
Six annual payments of $250 into savings account earns 1.5% annually. What is the value of the account at the end of the six years?
Rate
Periods
Payment
Future value
Respond to this Question
Similar Questions

math
find the present value of ordinary annuity payments of 890 each year for 16 years at 8% compounded annually What is the amount that must be paid (Present Value) for an annuity with a periodic payment of R dollars to be made at the … 
accounting
Mr. Jones intends to retire in 20 years at the age of 65. As yet he has not provided for retirement income, and he wants to set up a periodic savings plan to do this. If he makes equal annual payments into a savings account that pays … 
Finance
The future value of a $500 annual deposit to a savings account after three years is $______, assuming an investment rate of 10% and annual compounding (end of period). 
math
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% … 
math
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% … 
math
Earl Watkins is ready to retired 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 … 
Math
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% … 
Finance
An investment will provide Nicholas with $100 at the end of each year for the next 10 years. What is the present value of that annuity if the discount rate is 8% annually? 
Statistics
Mary has a savings account and is earning 10% annual interest compounded semiannually. If she deposits $2,000 in the account every six months for three years, what will the future value of her account be? 
MATH
How much should Jessica have in a savings account that is earning 3.50% compounded semiannually, if she plans to withdraw $2,150 from this account at the end of every six months for 10 years?