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Math
Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides
asked by April on March 7, 2011 
MATH
Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides
asked by April on March 7, 2011 
finance
Assume you are planning to invest $5,000 each year for six years and will earn 10 percent per year. Determine the future value of this annuity if your first $5,000 is invested at the end of the first year.
asked by Anonymous on May 24, 2012 
finance
Q.1.Differentiate future value from present value and explain how compound interest differs from simple interest. Q.2. John expects to need $50,000 as a down payment on a house in six years. How much does she need to invest today
asked by Ali on March 24, 2016 
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Art Newner wants to know how much he will have to invest today in order to receive an annuity of $8,000 for three years if interest is earned at 10 percent annually. He will make all his withdrawals at end of each year. How much
asked by Anonymous on November 29, 2011 
Math
Alice Wolf wants to know how much she will have to invest today in order to receive an annuity of $6,000 for four years if interest is earned at 10 percent annually. She will make all her withdrawals at the end of each year. How
asked by Anonymous on November 29, 2011 
Business Algebra
Invest $23,000 in a savings account at 4.25% interest compounded quarterly. Invest into an ordinary annuity where $5,000 is deposited each year into an account that earns 6.6% interest compounded annually.
asked by Diane on December 20, 2010 
business math
If Naomi invests in a stock portfolio, her returns for 10 or more years will average 10%12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account or a CD. She wants
asked by Heather on April 6, 2010 
business math
If Naomi invests in a stock portfolio, her returns for 10 or more years will average 10%12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account or a CD. She wants
asked by Heather on April 6, 2010 
business math
#3 of case study: If Naomi invests in a stock portfolio, her returns for 10 or more years will average 10%12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account
asked by Heather on April 6, 2010