celestem5666 celestem5666
  • 11-03-2020
  • Mathematics
contestada

You decide to invest in a period annuity that offers 4.8% APR compounded monthly for 20 years. How much money will you need to invest if your desired yearly income is $41,000? A. $526,485.97 B. $410,000.00 C. $480,000.00 D. 558,996.79

Respuesta :

jesusbejaran10
jesusbejaran10 jesusbejaran10
  • 20-03-2020

Answer: A.$526,485.97

Answer Link

Otras preguntas

Meaning of numbers squared
Answer 2-5 please....
The size up of a motor unit varies from ______ in the precise muscles to over a ______ fibers in the powerful muscles.
Evaluating Logarithms in Exercise, evaluate the logarithm without using a calculator. See Example 8. log8 512
Round 723,900 to the nearest ten thousand
You think there is a hidden treasure in a cave at a elevation of 1,200 feet up a mountain. You decide to start hiking at a rate of 20 feet per minute but soon
The telephone, invented in 1876, converted acoustic sound to electric signals. However, the audio production industry began using the electrical recording syste
What’s the total surface area?
How to solve this problem 711.9÷8.4
Where does 56 come from in the problem ?