Mathematics, 03.01.2020 23:31, jayp02
Stan has made a $125.30 monthly deposit into an account that pays 1.5% interest, compounded monthly, for 35 years. he would now like to draw a monthly salary from the account. determine the amount that stan can withdraw each month for 20 years, if he plans on not having anything in the account at the end of the 20 year period and no future deposits are made to the account.
a.
$69,242.49
b.
$69,159.05
c.
$333.29
d.
$333.71
Answers: 3
Mathematics, 21.06.2019 17:30, tatedason33741
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Answers: 1
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Oscar and julie ashton are celebrating their 15th anniversary by having a reception hall. they have budgeted $4,500 for their reception. if the reception hall charges a $90 cleanup fee plus & 36 per person, find the greatest number of people that they may invite and still stay within their budget.
Answers: 1
Mathematics, 21.06.2019 19:30, monnicawilliam
In the geometric progression –3, 12, −48… what term is 3,072?
Answers: 2
Stan has made a $125.30 monthly deposit into an account that pays 1.5% interest, compounded monthly,...