# accounting

Six annual payments of \$250 into savings account earns 1.5% annually. What is the value of the account at the end of the six years?
Rate
Periods
Payment
Future value

1. 👍 0
2. 👎 0
3. 👁 36

## Similar Questions

1. ### math

Earl Watkins is ready to retire and has saved up \$250,000 for that purpose. He places all of this money into an account which will pay him annual payments for 20 years. How large will these annual payments be if the account earns

asked by Lynda on December 3, 2013
2. ### math

Earl Watkins is ready to retired and has saved up \$250,000 for that purpose. He places all of this money into an account which will pay him annual payments for 20 years. How large will these annual payments be if the account earns

asked by Mai on April 22, 2014
3. ### math

Earl Watkins is ready to retire and has saved up \$250,000 for that purpose. He places all of this money into an account which will pay him annual payments for 20 years. How large will these annual payments be if the account earns

asked by dreamkatcher76 on December 4, 2013
4. ### Math

Earl Watkins is ready to retire and has saved up \$250,000 for that purpose. He places all of this money into an account which will pay him annual payments for 20 years. How large will these annual payments be if the account earns

asked by Mai on April 23, 2014
5. ### accounting

Mr. Jones intends to retire in 20 years at the age of 65. As yet he has not provided for retirement income, and he wants to set up a periodic savings plan to do this. If he makes equal annual payments into a savings account that

asked by matt on June 10, 2009

Mr Jones intends to retire in 20 years at the age of 65. As yet he has not provided for retirement income, and he wants to set up a periodic savings plan to do this. If he makes equal annual payments into savings account that pays

asked by David on December 23, 2009
7. ### Accounting

Mr. jones intends to retire in 20 years at the age of 65. As yet he has not provided for retirement income, and he wants to set up a perodic savings plan to do this. If he makes equal annual payments into a savings account that

asked by Mike on May 17, 2010
8. ### Math

Dweezle has 3,500 to invest. he places part of the amount in a stock option that yields 5% interest annually and the rest in a savings account that yields 8% interest annually. If Dweezle earns a total of 238 in interest for the

asked by Person on July 27, 2017
9. ### Algebra

Janine has two savings accounts totaling \$6,500. One account earns annual interest and the other earns . If her total interest for the year is \$211, then how much is in each account? answer 509.5

asked by liliy on June 23, 2016
10. ### Pre Algebra

You deposit \$3350 into a savings account that earns 5% interest compounded annually. Find the balance of the account after 2 years. Round your answer to the nearest cent

asked by Sarah on March 13, 2012

More Similar Questions