Flake1 Flake1
  • 01-10-2017
  • Mathematics
contestada

Find the savings plan balance after 4 years with an apr of 7% and monthly payments of 100

Respuesta :

zrh2sfo
zrh2sfo zrh2sfo
  • 06-10-2017
Assume the Initial investment is $100 and 48 monthly payments of $100 at 7% APR  compounded end of each compounding period, you will have $5,459.01
Answer Link

Otras preguntas

how are human activities related to global warming?
answer dis plsss and explain too
A mosquito has a mass of about 0.00000225 kilograms. Which of these is the measure of the mass in scientific notation?
Carol has some dimes and quarters. If she has 19 coins worth a total of $3.10, how many of each type of coin does she have?
Where can I read Conversation of birds?
PLS HELP Which event occurred during the Space Race?NASA was established.The International Space Station was built.The Soviet Union launched Salyut.The United S
1. How does individual choice affect efficiency? 2. How does competition affect efficiency?
Solve the following quadratic equation for all values of x in simplest form. 10-3x²=-2
A molecule of ethane and a molecule of ethene both have the same:.
The job of decomposers is to break down dead plants and animals into useful substances. This job is their Blank______. Multiple choice question. A) adaptation B