Business Finance
posted by Step .
How much must be deposited now, at 6% interest compounded semiannully, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years?

Business Finance 
adriana
Meg's pension plan is an annuity with a guaranteed return of 3% per year (compounded quarterly). She would like to retire with a pension of $30,000 per quarter for 10 years. If she works 22 years before retiring, how much money must she and her employer deposit each quarter?
Respond to this Question
Similar Questions

math,help
what formula do i use for the following problem: which of the following investments is larger after 19years? 
Math
please explian how to figure this out thanks :) How much money must be deposited now at 6% interest compounded semiannually, to yelid an annuity payment of $4,000 at the beginning of each sixmonth peroid for a total of five years … 
Math
please check my answer thanks :) How much money must be deposited now at 6% interest compounded semiannually to yield an annuity payment of $4,000 at the beginning of each sixmonth period for a total of five years answer needs to … 
Math
please check my answer thanks :) How much money must be deposited now, at 6% interest compounded semiannually to yield an annuity payment of $4,000 at tha beginning of each sixmonth period,for a total of five years? 
Business finance
How much money must be deposited now, at 6% interest compounded semiannually, to yield an annunity payment of $4000 at the end of each six month period, for a totl of five years? 
Business Finance
How much must be deposited now, at 6% interest compounded semiannually, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years? 
williams pkwy
how much money must be deposited now @ 6 % interest compounded semi annually to yield an annuity payment of $ 4000 at the end of each six month period for a total of five years 
math
Young and Company owes bond holders $5,500 interest at the end of each quarter for the next five years. How much must they deposit now at 8% interest compounded quarterly to yield an annuity payment of $5,500? 
Finance
In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. How much must you invest each month in a mutual fund yielding 13.5% compounded monthly to … 
math
suppose that your bank pays 10% interest, compounded semiannually. Use table 122 of your text to find how much should be deposited now to yield an annuity payment of $400 at the end of every six months, for 4 years.