math
posted by Esther .
Find the amount accumulated future value in the sinking fund if $1,200 is deposited quarterly for 10 years at 6% per year.
Respond to this Question
Similar Questions

math
Find the amount accumulated in the sinking fund if $200 is deposited monthly for 14 years at 3% per year. (Assume endofperiod deposits and compounding at the same intervals as deposits. Round your answer to the nearest dollar.) 
MATHEMATICS
Find the amount accumulated in the sinking fund if $1600 is deposited quarterly for 20 years at 6% per year. (Assume endofperiod deposits and compounding at the same intervals as deposits. Round your answer to the nearest dollar.) 
MATH
Find the amount accumulated in the sinking fund if $1600 is deposited quarterly for 20 years at 6% per year. (Assume endofperiod deposits and compounding at the same intervals as deposits. Round your answer to the nearest dollar.) 
MATH
Find the amount accumulated in the sinking fund if $1600 is deposited quarterly for 20 years at 6% per year. (Assume endofperiod deposits and compounding at the same intervals as deposits. Round your answer to the nearest dollar.) 
MATH
Find the amount accumulated in the sinking fund if $1600 is deposited quarterly for 20 years at 6% per year. (Assume endofperiod deposits and compounding at the same intervals as deposits. Round your answer to the nearest dollar.) 
MATH
Find the amount accumulated in the sinking fund if $350 is deposited monthly for 14 years at 7% per year. (Assume endofperiod deposits and compounding at the same intervals as deposits. Round your answer to the nearest dollar.) 
Math
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $27,000 in 3 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest … 
Finite Math
A sinking fund is the accumulated amount to be realized at some future date (the end of the term) when a fixed number of periodic payments are paid into an account earning interest at the rate of i per period. 
math
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $23,000 in 4 years for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns … 
Math
Find the accumulated amount A if the principal, P = $3700 is invested at the interest rate r = 7%/year for t = 12.5 years compounded semiannually. Round your answers to two decimal places. a. The accumulated amount is $8544.01. …