# math

posted by .

an ordinary anuuity starting in three years with 20 quarterly payment of \$400

• math -

## Similar Questions

1. ### Math sinking payment

Could some one please explian What is a sinking fund payment.. Example at 8% interest compounded quarterly in order to reach \$20,000 with in five years the sinking payment would be required at the end of each three month period
2. ### Math

Alice Longtree has decided to invest \$400 quarterly for 4 years in an ordinary annuity at 8 %. As her financial adviser, calculate for Alice the total cash value of the annuity at the end of year 4.
3. ### Math

Find the accumulated value of quarterly deposits of three hundred dollars each immediately after the 32 deposit If the deposits earn 10% quarterly for the first five years and 12% for the last three years.
4. ### finite math

Find the present value of an ordinary annuity of \$600 payments each made quarterly over 5 years and earning interest at 4% per year compounded quarterly.
5. ### finance

How much must be deposited into an account to generate a \$2,400 payment every three months for the next four years if the account earns 10% compounded quarterly
6. ### Math

Connie wants to have an annuity payment of \$2,000 at the END of every three months. How much should she deposit now at 6% interest, compounded quarterly, to yield this payment for 3 years?
7. ### finite math

Find the amount of an ordinary annuity for 5 years of quarterly payments of \$2,200 that earn interest at 4% per year compounded quarterly.
8. ### Math

Find the future value of an ordinary annuity of \$70 paid quarterly for 5 years, if the interest rate is 10%, compounded quarterly. (Round your answer to the nearest cent.)
9. ### Math

A \$20,000 loan is to be amortized for 10 years with quarterly payments of \$763.55. If the interest rate is 9%, compounded quarterly, what is the unpaid balance immediately after the sixth payment?