Ask a New Question

A young couple saves for a down payment on a house by depositing $100 each month into an annuity that pays a 4.8% annual rate. Find the amount in the annuity at the end of 2 years.

1 answer

2513.71

Similar Questions

Mr Young is buying a house. He can spend no more than 29 percent of his income on monthly house payments. If he earns 4,200 per
1. 1 answer
A newly couple has $15,000 toward the purchase of a house. For the type and size of house the couple is interested in buying, an
1. 2 answers
diego is saving money to buy a computer game. he saves $2 the first month , and each month after that, he saves twice as much as
1. 2 answers
Diego is saving money to buy a computer game. he saves $2 the first month , and each month after that, he saves twice as much as
1. 0 answers

more similar questions