
 👍 0
 👎 0
Respond to this Question
Similar Questions

calculus
Choice 1: Payments of $ 2600 now, $ 3200 a year from now, and $ 3880 two years from now. Choice 2: Three yearly payments of $ 3200 starting now. Modification: Interest is compounded continuously instead of annually. (a) If the
asked by Anonymous on June 27, 2014 
Math
Choice 1: Payments of $ 2600 now, $ 3200 a year from now, and $ 3880 two years from now. Choice 2: Three yearly payments of $ 3200 starting now. Modification: Interest is compounded continuously instead of annually. (a) If the
asked by Anonymous on June 27, 2014 
Math
Marvin was supposed to make three payments of $2000 each—the first one year ago, the second one year from now, and the third three years from now. He missed the first payment and proposes to pay $3000 today and a second amount
asked by Anonymous on May 24, 2014 
math
Jeanette wishes to retire in 30 years at age 55 with retirement savings that have the purchasing power of $300,000 in today’s dollars. 1. If the rate of inflation for the next 30 years is 2% per year, how much must she
asked by nikki on May 2, 2014 
stats
A bakery stated that the average number of breads sold daily is 3000. An employee thinks that the actual value might differ from this and wants to test this statement. The correct hypotheses are: (I think it is 1) (1) H0 : ¦Ì =
asked by joseph on March 31, 2010 
Algebra 1
Larry has $2600 to invest and needs $3000 in 11 years. What annual rate of return will he need to get in order to accomplish his goal, if interest is compounded continuously?
asked by Brad on February 22, 2011 
Algebra II
How would you set this problem up..I know to use A=Pe^rt Larry has $2600 to invest and needs $3000 in 12 years. What annual rate of return wll he need to get in order to accomplish his goal, if interest is compounded continuously?
asked by Jesse on May 4, 2009 
math
cant find a way tosolve this Five years ago, Ms. Halliday received a mortgage loan from the Scotiabank for $60,000 at 7.8% compounded semiannually for a fiveyear term. Monthly payments were based on a 25year amortization. The
asked by leo on April 20, 2017 
Finite Math
Malika Agwani starts her career at the age of 25 and makes equal monthly deposits for 35 years into an annuity that earns 6.25% compounded monthly. She plans on retiring the age of 60 and would like to withdraw $3000 monthly for
asked by Tricia on October 1, 2014 
Amoritizing Loans
"A woman borrows $6000 at 9% compounded monthly, which is to be amortized over 3 years in equal monthly payments. For tax purposes, she needs to known the amount of interest paid during each year of the loan. Find the interest
asked by Norah on September 25, 2011