Math
 👍 0
 👎 0
 👁 341

 👍 0
 👎 0
Respond to this Question
Similar Questions

math
Zach is planning to invest up to $50,000 in corporate and municipal bonds. The lest he will invest in corporate bonds is $6000 and he does not want to invest more than $27,000 in corporate bonds. He also does not want to invest

business math
Sam Long anticipates he will need approximately $225,000 in 15 years to cover his 3yearold daughter’s college bills for a 4year degree.How much would he have to invest today at an interest rate of 8 percent compounded

math
Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5 1/2%, and one paying 6% simple interest per year. Cyndee wants to put twice as much in the

math
Zach is planning to invest up to $50,000 in corporate and municipal bonds. The lest he will invest in corporate bonds is $6000 and he does not want to invest more than $27,000 in corporate bonds. He also does not want to invest

Math
Jim Hunter decided to retire to Florida in 10 years. What amount should Jim invest today so that he will be able to withdraw $25,000 at the end of each year for 30 years after he retires. Assume he can invest money at 9% interest

PRECALCULUS
. Sam won $150,000 in the Michigan lottery and decides to invest the money for retirement in 20 years. Find the accumulated value for Sam’s retirement for each of his options: (a) a certificate of deposit paying 5.4% compounded

Business Math
Jane is having difficulty deciding whether to put her savings in the Mystic Bank or in the Four Rivers Bank. Mystic offers a 12% rate compounded quarterly, and Four Rivers offers 14% compounded semiannually. Jane has $40,000 to

math homework help
Pinnacle Homes, a real estate development company, is planning to build five homes, each costing $125,000, in 2.5 years. The Galaxy Bank pays 6% interest compounded semiannually. How much should the company invest now to have

Math
Mr. Jones has $14,000 to invest. He invests part at 7% and the rest at 11%. If he earns $1,220 in interest after 1 year, how much did he invest at each rate?

math
Alice wants to know how much she'll have to invest today to receive an annuity of $10,000 for six years if interest is earned at 7% annually. She'll make all of her withdrawals at the end of each year. How much should she invest?

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? a) 10.2%/a compounded monthly b) 5.1%/a

math
Tamra is having difficulty deciding whether to put her savings in the Albina Community Bank or in the Umpqua Bank. Albina offers a 12% rate compounded quarterly, and Umpqua offers 14% compounded semiannually. Tamra has $40,000 to
You can view more similar questions or ask a new question.