subject
Mathematics, 25.10.2020 16:20 hixcatt05

Your friend asks you to help him determine the appropriate price to pay for an annuity offering a retirement income of P10,000 a month for 10 years. Assume the interest rate is 6% compounded monthly. (Hint: Present Value)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Which shows the correct substitution of the values a,b and c from the equation 1=-2x+3x^2+1
Answers: 1
question
Mathematics, 21.06.2019 20:00
Frank owns a $141,000 home, for which he has a 30-year mortgage in the amount of $700 a month. once he has paid off mortgage, how much will he have paid in investment? a. $111,000 b. $109,000 c. $120,000 d. $141,000
Answers: 1
question
Mathematics, 22.06.2019 00:00
Which of the following statements are true about the graph of f (x) = 1/4 coz ( x + π/3) - 1? select two of the following that apply.
Answers: 1
question
Mathematics, 22.06.2019 00:30
Taber invested money in an account where interest is compounded every year.he made no withdrawals or deposits. the function a(t)=525(1+0.05)^t represent the amount of money in the account after t years. how much money did taber origanally invested?
Answers: 1
You know the right answer?
Your friend asks you to help him determine the appropriate price to pay for an annuity offering a re...
Questions
question
Mathematics, 23.02.2021 01:00
question
Physics, 23.02.2021 01:00
question
Social Studies, 23.02.2021 01:00
question
Mathematics, 23.02.2021 01:00
question
Mathematics, 23.02.2021 01:00
question
Arts, 23.02.2021 01:00
Questions on the website: 13722359