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annuity immediate

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    Annuity that pays 6.6% compounded monthly. If $950 is deposited into this annuity every month, how m

    Annuity that pays 6.6% compounded monthly. If $950 is deposited into this annuity every month, how much is in the account after 7 years? How much of this is interest? Let's assume payments are made at the end of each month, since the problem does not state it. We have an annuity immediate...
  2. math_celebrity

    $150,000; 7%; 25 yr ordinary annuity formula

    $150,000; 7%; 25 yr ordinary annuity formula Answer for PV and AV
  3. math_celebrity

    If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the

    If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 9 years if interest is compounded annually. We assume the interest is compounded at the end of the year. Use the annuity immediate formula: 67,897.39
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