bfritz891 bfritz891

16-09-2022
Mathematics

Answered

To offer scholarships to children of employees, a company invests $10,000 at the end of every 3 months in an annuity that pays 8% compounded quarterly.

a) how much will the company have in scholarship funds at the end of ten years?

b) find the interest

Answer :

Other Questions

At age 30 you deposit $150 at the end of each month into an IRA that pays 4% interest compounded monthly. In the previous question, we found that the value of t

An investment of $20,000 pays 6% per year, compounded semi-annually. How much will it be worth in 6 years?

Suppose you invest in a fund which . • compounds at a rate of 1% at the end of every odd-numbered month (January, March, May, July. September, November), and .

How much should Roman invest today in order to withdraw $22450.15 in exactly 3.7 years from now if interest rate is 5.65 % compounded monthly?

A remote control car starts at the point (3,0) and moves northeast along the line y = 3x-9. At the point (6,9), it makes a 90° turn and starts to move southeast

2. Given ARST ANPQ, m/R = -7x + 9, m2N = -10x, find mZR and mZN. (1 point) 030 O 60 40 050

Functions f and g are defined by f:x2x-3. XER. g:x+r+4r. XER. (i) Solve the equation ff(x) = 11. (ii) Find the range of g. (iii) Find the set of values of x for

A couple wants to purchase a home that costs $475,000 at a 3.75% interest rate compounded monthly for 30 years. If they want a monthly payment close to $1,760,

1.b. What are/is the x-intercept of the graph?Hint: In dealing with quadratic equations, it's easier to put the squared variable on the right side of the equati

Metropolis has a population of 12,718 and is growing at a rate of 1.2% per year. At that rate, what will the population be in 6 years?