1. Questions

math

Semiannually deposits of $400 are made for 10 years into an annuity that pays 7% compounded semiannually

  1. 👍
  2. 👎
  3. 👁
Shirley

Respond to this Question

First Name

Your Response

Similar Questions

  1. Finance

    Solution needed . You need to have $50000 at the end of 10 years .To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposits it in the bank. the bank pays 8 percent

  2. Math

    Ed long promised to pay is son $400 semiannually for 12 years. Assume Ed can invest his money at 6 % in an ordinary annuity. How much must Ed invest today to pay his son $400 semiannually for 12 years?

  3. Annuities

    Vic French mad deposits of 5000 at the end of each quarter to book bank, which pays 8% intrest compounded quarterly. After 3 years, Victor made no more deposits. What will be the balance in the account 2 years after the last

  4. math

    ted Williams made deposits of 500.00 at the end of each year for eight years. the rat is 8% compounded annually. calculate the value of ted's annuity at the end of eight years

  1. FINANCE

    You deposit $2,000 in an account that pays 8% interest compounded semiannually. After 4 years, the interest rate is increased to 8.28% compounded quarterly. What will be the value of the account after 4 more years? (Do not round

  2. math

    $100 is deposited at the beginning of every week for five years in an account that pays 14%/a, compounded weekly. Find the future value of the annuity using the formula.

  3. math

    28.Nadia intends to get married in eight years time. She estimates that the cost of the wedding will be RM20000 then. She intends to save this amount by making equal monthly deposits at the end of each month in a bank that pays 5%

  4. Math

    If you deposit $900 semiannually in a bank which pays 6% interest compounded semiannually and make no more deposits after 7 years, what is the balance in the account 8 yrs. later from the last deposit?

  1. math

    at the end of every 3 months, Rita deposits $100 into an account that pays 5% compounded quarterly. After 5 yrs, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 1 yr. when this

  2. math. compounding interest

    regina deposits 3500 in a savings account that pays 7 1/2 % interest , compounded semiannually. how much interest does the account earn in the first 6 months?

  3. Algebra

    Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. After c years, Calvin has $658.80. Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. After m

  4. Algebra

    Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. After c years, Calvin has $658.80. Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. After m

You can view more similar questions or ask a new question.