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

What’s 0.563498 to 3 decimal place
Jeff is baking a cake. The recipe says that he has to mix 32 grams of vanilla powder to the flour. Jeff knows that 1 cup of that particular vanilla powder has a
Does anyone know this
A bag of mixed nuts contains 18 oz of peanuts , 15 oz of walnuts, and 12oz of cashews.what is the ratio of walnuts to cashews?
As part of an assignment for his introduction to psychology class, gilbert has to read a journal article, summarize it, and compare it to what is reported in hi
A group of researchers wanted to determine if people will eat more food in a room with red paint and red decorations than in a room that is decorated blue. half
question: {A gas has} Question 9 options: a definite volume and definite shape. a definite shape but no definite volume. no definite shape or definite volume. a
I'm thinking A? All of the following are ways the atmosphere makes life on Earth possible except (4 points) Select one: a. the atmosphere provides warmth b. th
What does a high school diploma say about your skills and knowledge?
Review the scenario: Justin has decided that he would like to purchase a car. He does not have enough money saved to purchase the car he wants, so he is conside