subject
Mathematics, 31.05.2021 15:20 Isabe11a

Ron is saving for his retirement y making annual payments until he retires. Ron turned 20 years old today and will make deposits of $500 at the beginning of each year for the next 15 years. Just before Ron turns 35, he decides to increase his next payment to $4000.He continues making annual payments of $4000 until his last payment at age 64. His ank account earns 6.5% interest effective annual . Starting age 65, Ron would like to a level payment amount at the beginning of each year for 20 years. What level payment will drain Rons bank account after the last withdrawal?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:40
Yo y do yall have 2 stars that means yall wrong bro
Answers: 1
question
Mathematics, 21.06.2019 18:30
Dakota earned $7.50 in interest in account a and $18.75 in interest in account b after 15 months. if the simple interest rate is 4% for account a and 5% for account b, which account has the greater principal? explain. to make it a little easier, there is an image. good luck!
Answers: 1
question
Mathematics, 21.06.2019 19:30
Fa bus driver leaves her first stop by 7: 00 a.m., her route will take less than 37 minutes. if she leaves after 7: 00 a.m., she estimates that the same route will take no less than 42 minutes. which inequality represents the time it takes to drive the route, r?
Answers: 3
question
Mathematics, 21.06.2019 21:30
Due to bad planning, two of the local schools have their annual plays on the same weekend. while 457 people attend one, and 372 attend the other, only 104 people were able to attend both. how many people went to at least one play?
Answers: 1
You know the right answer?
Ron is saving for his retirement y making annual payments until he retires. Ron turned 20 years old...
Questions
question
Mathematics, 08.03.2021 04:50
question
Mathematics, 08.03.2021 04:50
question
Mathematics, 08.03.2021 04:50
Questions on the website: 13722363