Register
PLEASE HELP! I HAVE BEEN AT THIS FOR A LONG TIME!. For each investement, 25 000 is deposited in an account. How much is each payment? (a. 8% per annum, compounded annually, with annual payments starting
142k views
0 votes
PLEASE HELP! I HAVE BEEN AT THIS FOR A LONG TIME!.

For each investement, 25 000 is deposited in an account. How much is each payment?

(a. 8% per annum, compounded annually, with annual payments starting in a year.

User Yierstem
by
7.1k points

1 Answer

3 votes

Answer:

Annual payment wil be 2,001 and total amount after compounded annually will be 27,001

User Fscof
by
8.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.1m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!