Ask a New Question

how much should be invested now (to the nearest $)to receive $ 24000 per annum in perpetuity if the annual rate of interest is 5% ?

Ask a New Question or answer this question.

Similar Questions

8.Mary invested RM3000 in two accounts, some at 12% per annum and the rest at 8 percent per annum.Her total interest for one
1. 1 answer
1.John deposited $40,000.oo in the bank and earned simple interest of 7% per annum for 2 years. calculate the amount he will
1. 3 answers
Mary invested $30,000 in two accounts some at 12% per annum and the rest at 8% per annum. Her total interest for one years was $
1. 1 answer
mr. mike invested two sums of money on simple interest. the fist was $2200 invested at 8% per annum and the second $1960 at 10%
1. 1 answer

more similar questions