bollinger091909 bollinger091909
  • 04-09-2016
  • Mathematics
contestada

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?

Respuesta :

iluv4paws1420
iluv4paws1420 iluv4paws1420
  • 04-09-2016
i think its $117,817.20
Answer Link

Otras preguntas

thrombus lodging in the pulmonary circulation, the sympathetic nervous system is activated. hemodynamically, this results in right heart failure why?
What is the equation of the line that passes through the point ( 6 , 2 ) (6,2) and has a slope of − 1 2 − 2 1 ​ ?
Write an inequality that represents the graph below please help!!!!
as race-day approaches, anthony wants to increase the percentage of total kilocalories in his diet from carbohydrate to increase his glycogen stores. if he cons
What led to the end of the Minoan civilization
2. What does Mrs. Sowerby mean when she says, "There's no sense in grabbin' at th' whole orange?"​
professor glen wants to assign group projects but is concerned that some students won't do their fair share of work. what can he do to reduce the amount of soci
A condition that may be severe but resolves with treatment is?
Yesterday, the temperature dropped 27°F in h hours. The temperature dropped the same number of degrees each hour. Write an expression that can be used to find
An interest in health or medicine can lead a person down many different pathways. In fact, most hospitals have hundreds of different positions and each position