Calculate the future ANNUITIES DUE. Round to the nearest cent when necessary.
Annunity Payment:(\$3,000)Payment Frequency: Every (6) months Time Period Yrs: (5) Nominal Rate%: (10)Interest Compounded: Semiannually Future Value Of The Aunnuity Is What?

1. 👍 0
2. 👎 0
3. 👁 221

## Similar Questions

1. ### Algebra 2

Claire has borrowed \$\\$5,\!000\$. She plans to pay off the loan in full after two payments. She will make one payment in 3 years, then another payment in 6 years. The second payment will be exactly double the amount of the first

asked by Bob on April 4, 2017
2. ### math

Find the periodic payment R required to amortize a loan of P dollars over t yr with interest charged at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.) P = 100,000, r = 9.5, t = 23, m = 12

asked by Kristen on May 9, 2012
3. ### math

Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. Assume 365 days in a year. (Round your

asked by apryl on August 23, 2011
4. ### Finite Math

The price of a new car is \$24,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 10%/year compounded monthly. (Round your answers to the

asked by Savanna on May 19, 2014
5. ### finite math

The price of a new car is \$16,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 6%/year compounded monthly. (Round your answers to the

asked by Amber on May 7, 2011
1. ### Math

Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a \$45,000 loan at 3% for 60 months. What is his monthly payment by formula? (Round your answer to the

asked by Anonymous on August 28, 2018
2. ### wcc

Andres Michael bought a new boat. He took out a loan for \$23,880 at 4.25% interest for 2 years. He made a \$4,000 partial payment at 2 months and another partial payment of \$3,000 at 8 months. How much is due at maturity? (Do not

asked by gislb on February 17, 2015
3. ### Algebra

Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of \$42,900 with factory and dealer rebates of \$5,100 (a) Find the monthly payment if financed for 60 months at 0% APR.

asked by HOLLY on August 10, 2014
4. ### algebra

Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of \$42,500 with factory and dealer rebates of \$5,100 (a) Find the monthly payment if financed for 60 months at 0% APR.

asked by Mary Ann on May 17, 2014
5. ### math plz help me

A couple purchasing a home budget \$1700 per month for their loan payment. If they have \$15,000 available for a down payment and are considering a 25-year loan, how much can they spend on the home at each of the following rates?

asked by Anonymous on May 2, 2011
6. ### Math

Could somebody please help me with a few Math questions? 1. Provide an appropriate response. True or False? 100.567 is between 10 and 100. 2. Use an annual percentage rate table to solve the problem. A family purchased a new ski

asked by Felicity on March 26, 2014