Mathematics
Mathematics, 30.07.2019 05:00, sjaybanks4067

Ami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying 2.3% compounded annually. determine the amount needed in the account for tami to do this. round to the nearest cent.

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Business, 26.09.2019 08:00, zackinator4894
For the last 20 years, terry has made regular quarterly payments in the amount of $308 into an account paying 1.5% compounded quarterly. if, at the end of the 20 year period, terry stops making deposits, transfers the balance to an account paying 5.5% interest compounded annually, and withdraws a annual salary from the account, determine the amount that he will receive every year for 10 years. round to the nearest cent. a. $28,672.88 b. $3,803.97 c. $28,780.40 d. $3,074.66
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Mathematics, 10.10.2019 06:00, dondre54
Tami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying 2.3% compounded annually. determine the amount needed in the account for tami to do this. round to the nearest cent. a. $115,052.98 b. $103,641.00 c. $91,651.92 d. $93,759.91
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Mathematics, 25.10.2019 07:43, mariah9695
You have just received an inheritance of $28,000 and would like to invest it into an account. the bank offers two investment plans, one for 4 years at 5.8% compounded annually and another for 3 years at 7.083% compounded annually. you want to make equal annual withdrawals from the account over the life time of the loan. which investment will yield the highest annual withdraw and by what amount, given that the account will be zeroed out by the end of that period? round your answer to the nearest cent. a. 4 year account; $8,043.59 c. 4 year account; $10,436.34 b. 3 year account; $10,685.63 d. 3 year account; $8,281.88
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