finance management
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finance management
What is the future value of a 5 yr. annuity due that promises to pay $300.00 each yr? Assume that all payments are reinvested at 7% a yr., until Yr. 5.
asked by cj on January 10, 2008 
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On June 1, 2012, Pitts Company sold some equipment to Gannon Company. The two companies entered into an installment sales contract at a rate of 8%. The contract required 8 equal annual payments with the first payment due on June
asked by Jed on October 17, 2012 
Accounting
On June 1, 2012, Pitts Company sold some equipment to Gannon Company. The two companies entered into an installment sales contract at a rate of 8%. The contract required 8 equal annual payments with the first payment due on June
asked by Jed on October 17, 2012 
Annuities
Can someone tell me if this is ordinary annuity of future or ordinary values sinking funds present value or what is it. The question is You are earning an average of 46500 and will retire in 10 years. If you put 20% of your gross
asked by Scott Ingraham on April 12, 2008 
finite math
A $1.2 million state lottery pays $5,000 at the beginning of each month for 20 years. How much money must the state actually have in hand to set up the payments for this prize if money is worth 7.7%, compounded monthly? (a) Decide
asked by help plzzz on May 1, 2011 
finance
what is the pv of an annuity due that promises to pay you $500 per yeaR FOR THE NExt 20 years if the interest rate is 7%?
asked by Pat on April 15, 2010 
math
A used piece of rental equipment has 3½ years of useful life remaining. When rented, the equipment brings in $300 per month (paid at the beginning of the month). If the equipment is sold now and money is worth 5%, compounded
asked by wrangled mind on this one :( on May 1, 2011 
math
A used piece of rental equipment has 3½ years of useful life remaining. When rented, the equipment brings in $300 per month (paid at the beginning of the month). If the equipment is sold now and money is worth 5%, compounded
asked by math help plz on April 30, 2011 
Finite math
Consider the following annuity scheme: regular payments of $200 are made every two months at the end of the month (in other words, there are six equally spaced payments over the year) into an account with a nominal rate of 6%
asked by Johnny on November 10, 2016 
business math 205
Calculate the future of the following Ordinary Annuities. Round to the Nearest cent when necessary. Annunity Payment ($3,000) Payment Frequency Every (6) Months Time Period (years) 10 Interest Compounded (Semiannually) Future
asked by James on June 25, 2011