The number of months is calculated using the NPER function:-
=NPER(rate,pmt,pv,fv)
=NPER(3%/12,-110,,7800)
=65.36
You can afford monthly deposits of $110 into an account that pays 3.0% compounded monthly. How...
You can afford monthly deposits of $220 into an account that pays 4.5% compounded monthly. How long until you have $10,100 to buy a boat? Type the number of months: ___ (Please square, label, or circle the answer)
You can afford monthly deposits of $210 into an account that pays 2.7% compounded monthly. How long until you have $8,500 to buy a boat? Type the number of months: ___ (Please square, label, or circle the answer)
You can afford monthly deposits of $170 into an account that pays 2.7% compounded monthly. How long until you have $9,100 to buy a boat? Type the number of months: ___ (Please square, label, or circle the answer)
Please answer quickly!!! You can afford monthly deposits of $170 into an account that pays 2.7% compounded monthly. How long until you have $9,100 to buy a boat? Type the number of months: ___ (Please square, label, or circle the answer)
You can afford monthly deposits of $180 into an account that pays 3.3% compounded monthly. How long will it be until you have $7,400 to buy a boat? Type the number of months: (Round to the next-higher month if not exact.)
You can afford monthly deposits of $260 into an account that pays 4.2% compounded monthly. How long will it be until you have $8,800 to buy a boat? Type the number of months: (Round to the next-higher month if not exact.)
You can afford monthly deposits of $170 into an account that pays 3.3% compounded monthly. How long will it be until you have $11,600 to buy a boat?
You can afford monthly payments of $200 into an account that pays 3.3% compounded monthly. How long will it be until you have $12,000 to buy a boat?
Bus Econ 3.3.45 You can afford monthly deposits of S170 to an account that pays 2 4% compounded monthly How long will it be until you have S6 800 to buy a boat? Round to the next-higher month if not exact)
Recently, More Money 4U offered an annuity that pays 4.8% compounded monthly. If $1,000 is deposited into this annuity every month, how much is in the account after 6 years? How much of this is interest? Type the amount in the account: $____ Type the amount of interest earned: $____ (Please square, label, or circle the answer)