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Tman

Questions (6)

If Jackson deposited $400 at the end of each month in the saving account earing interest at the rate of 6%/year compounded
1. 1 answer
2. 134 views
Find the present value of an ordinary annuity of $1,400 payments each made semiannually over 8 years and earning interest at 12%
1. 1 answer
2. 135 views
The Johnsons have accumulated a nest egg of $25,000 that they intend to use as a down payment toward the purchase of a new
1. 1 answer
2. 160 views
Pierce Publishing sells encyclopedias under two payment plans: cash or installment. Under the installment plan, the customer
1. 1 answer
2. 153 views
Robin, who is self-employed, contributes $5,500/year into a Keogh account. How much will he have in the account after 15 years
1. 1 answer
2. 135 views
Find the amount of an ordinary annuity for 6 years of semiannually payments of $1,400 that earn interest at 8%/year compounded
1. 1 answer
2. 144 views

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