A personal account earmarked as a retirement supplement contains $242,300. Suppose $200,000 is used to establish...
A personal account earmarked as a retirement supplement contains $242,300. Suppose $200,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.)
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A personal account earmarked as a retirement supplement contains
$242,300. Suppose $200,000 is used to establish...
A personal account earmarked as a retirement supplement contains $242,300. Suppose $200,000 is used to establish...
A personal account earmarked as a retirement supplement contains $242,300. Suppose $200,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.)
A personal account earmarked as a retirement supplement contains $230,000. Suppose $200,000 is used to establish...
A personal account earmarked as a retirement supplement contains $230,000. Suppose $200,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the value of the annuity is $0? (Round your answer UP to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $292,300. Suppose $250,000 is used to establish...
A personal account earmarked as a retirement supplement contains $292,300. Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.)
A personal account earmarked as a retirement supplement contains $342,300. Suppose $300,000 is used to establish an ann...
A personal account earmarked as a retirement supplement contains $342,300. Suppose $300,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $.292,300. Suppose $250,000 is used to establish...
A personal account earmarked as a retirement supplement contains $.292,300. Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balance is $07 (Round your answer Up to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $342,100. Suppose $300,000 is used to establish...
A personal account earmarked as a retirement supplement contains $342,100. Suppose $300,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $6000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $292,400. Suppose $250,000 is us...
A personal account earmarked as a retirement supplement contains $292,400. Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balane i (Round your answer UP to the nearest quarter.) quarters Need Help? Read It- Talk to a Tutor
A personal account earmarked as a retirement supplement contains $292,400. Suppose $250,000 is used to establish an annuity that earns 6%,...
4. -/1 points HarMathAp12 6.4.009. My Notes Ask Your Teacher A personal account earmarked as a...
4. -/1 points HarMathAp12 6.4.009. My Notes Ask Your Teacher A personal account earmarked as a retirement supplement contains $242,200. Suppose $200,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $6000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) quarters Need Help? Read It Talk to a Tutor
Suppose $200,000 used to establish an annuity that earns 8%, compounded quarterly, and pays $5500 at...
Suppose $200,000 used to establish an annuity that earns 8%, compounded quarterly, and pays $5500 at the end of each quarter How long will it be until the account balance is $02 (Round your answer UP to the newest quarter.) quarters Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cont.) $ Need...
Suppose an annuity will pay $15,000 at the beginning of each year for the next 7...
Suppose an annuity will pay $15,000 at the beginning of each year for the next 7 years. How much money is needed to start this annuity if it earns 7.5%, compounded annually? (Round your answer to the nearest cent.) $ Suppose $200,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the account balance is $07 (Round your answer Up to the nearest...
A personal account earmarked as a retirement supplement contains $230,000. Suppose $200,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the value of the annuity is $0? (Round your answer UP to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $342,300. Suppose $300,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $.292,300. Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balance is $07 (Round your answer Up to the nearest quarter.) quarters
A personal account earmarked as a retirement supplement contains $292,400. Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balane i (Round your answer UP to the nearest quarter.) quarters Need Help? Read It- Talk to a Tutor
A personal account earmarked as a retirement supplement contains $292,400. Suppose $250,000 is used to establish an annuity that earns 6%,...
4. -/1 points HarMathAp12 6.4.009. My Notes Ask Your Teacher A personal account earmarked as a retirement supplement contains $242,200. Suppose $200,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $6000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) quarters Need Help? Read It Talk to a Tutor
Suppose $200,000 used to establish an annuity that earns 8%, compounded quarterly, and pays $5500 at the end of each quarter How long will it be until the account balance is $02 (Round your answer UP to the newest quarter.) quarters Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cont.) $ Need...
Suppose an annuity will pay $15,000 at the beginning of each year for the next 7 years. How much money is needed to start this annuity if it earns 7.5%, compounded annually? (Round your answer to the nearest cent.) $ Suppose $200,000 is used to establish an annuity that earns 7%, compounded quarterly, and pays $5500 at the end of each quarter. How long will it be until the account balance is $07 (Round your answer Up to the nearest...
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