math: reply asap
posted by maame .
Kenny wants to invest $250 every three months at 5.2%/a compounded
quarterly. He would like to have at least $6500 at the end of his investment.How long will he need to make regular payments?
Respond to this Question
Similar Questions

Finance Help! 3 questions
Hi, i was wondering if someone could please help me with these 3 finance questions. it would be must appreciated 1. you receive payments of 1000 dollars every 8 montsh for the next 9 years. the first payment will occur 8 months from … 
Math
I really need some help with this one. Envision that you have served as business manager of Media World for over 2 years. You have noticed that for the last 12 months the business has regularly had cash assets of $20,000 or more at … 
matttth help please
1. Mike wants to invest money every month for 40 years. He would like to have $1 000 000 at the end of the 40 years. For each investment option, how much does he need to invest each month? 
math: reply asap
Betsy inherits 1500 and would like to put some of it away for a down payment on a house in 8 years. if she would like to have 25000 for the down payment, how much of her inheritance must she invest at 9.2% a compounded quarterly 
Math
You plan to make 24 equal quarterly payments (payments are at the end of each period) into an account to pays 8% (per year compounded quarterly). If you need $5,000 at the end of 10 years (i.e. 4 years after the last payment is made … 
Math help
You plan to make 24 equal quarterly payments (payments are at the end of each period) into an account to pays 8% (per year compounded quarterly). If you need $5,000 at the end of 10 years (i.e. 4 years after the last payment is made … 
finite math
Sam wants to invest the same amount at the end of every 3 months so that he will have 4000 in 3 years. The account will pay 6% compounded quarterly. How much should he deposit each quarter. 
Precalc
suppose you want to invest $60,000 for ten years. You can invest your money in a CD that earns 4% interest, compounded quarterly and has no risk, or you can invest your money in futures that ear 10% interest, compounded quarterly. … 
Math
Kenny wants to invest $250 every three months at 5.2%/a compounded quarterly. He would like to have at least $6500 at the end of his investment. How long will he need to make a regular payments? 
MATH
Tiffany invested $725 at the end of every month in an investment fund that was earning interest at a rate of 4.74% compounded monthly. She stopped making regular deposits at the end of 10 years when the interest rate changed to 6.69% …