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Math Finance
Word problem asks to find rate of interest on a monthly deposit for a sinking fund that is needed to produce 130,000 in 20 years. I applied the model, (fv/pv)^1/t 1 I use n/t if compounding yearly, quaterly, etc. No matter what
asked by Rob on July 3, 2014 
algebra
find the periodic payments necessary to accumulate the amount given in a sinking fund. Assume end of period deposits and compounding at the same intervals as deposits. $70,000 in a fund 7% per year, monthly payments for 5 years
asked by jose on March 7, 2017 
Finance  Loans problem please help
A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments at the nominal annual rate of 7% compounded monthly. At the same time the
asked by Tina on April 1, 2015 
Please Help me with a Finance  Loan problem
A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments at the nominal annual rate of 7% compounded monthly. At the same time the
asked by Tina on April 1, 2015 
Math
Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides
asked by April on March 7, 2011 
MATH
Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides
asked by April on March 6, 2011 
Math
1. If one wishes to accumulate a 30,000fund in 5 years, how much should he deposit now at 18% compounded quarterly? 2. If a bank offers a rate of 4.5% compounded semiannually, how much should you deposit to accumulate 50,000 in
asked by Brianne on November 4, 2014 
Finance  Loans problem
Reiny the answer 307.33 you posted at the bottom is coming up incorrect. please if you can help i would be very grateful. A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The
asked by Anonymous on April 1, 2015 
Math
1. If one wishes to accumulate a Php 30,000fund in 5 years, how much should he deposit now at 18% compounded quarterly? 2. If a bank offers a rate of 4.5% compounded semiannually, how much should you deposit to accumulate Php
asked by Brianne on November 3, 2014 
Math
1. If one wishes to accumulate a Php 30,000fund in 5 years, how much should he deposit now at 18% compounded quarterly? 2. If a bank offers a rate of 4.5% compounded semiannually, how much should you deposit to accumulate Php
asked by Isabelle on September 9, 2014