Ask question

Ask question

All categories

2 years ago

5

You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 15 years how much money will you need to in

vest if your desired yearly income is $40,000?
A. $460,000.00

B.$321,631.08

c.$471,283.83

D$432,835.96

1 answer:

Vitek1552 [10]2 years ago

5 0

Answer:

The answer is $321,631.08

Step-by-step explanation:

I just did a test on it. Got it wrong, but it showed me the right answer.

You might be interested in

I NEED HELP ASAP!!!!!!! please ACTUALLY answer

goldfiish [28.3K]

Answer:

4:3

Step-by-step explanation:

4 0

2 years ago

HELP ME!! ILL MARK U BRAINLIEST!!<br><br> what is the area of this figure?

Tcecarenko [31]

Answer:

334 square mm

Step-by-step explanation:

3 0

2 years ago

Read 2 more answers

Which answer would be most reasonable for the value of n?<br> 23 x 61 = n

Ghella [55]

Answer:

n = 1403

Step-by-step explanation:

you would multiply 23 and 61 to get n

Hope This Helps!

3 0

2 years ago

What is the slope ( in simplest form) of the line through the points (-4,2) and (-16,-6)?

NISA [10]

Answer:

2/3

Step-by-step explanation:

Slope = $\frac{y2-y1}{x2-x1}$

(-4,2) = (x1,y1)

(-16,-6) = (x2,y2)

Slope = $\frac{-6-2}{-16+4}$

= $\frac{-8}{-12}$

= $\frac{2}{3}$

6 0

2 years ago

3(x+1)-4(y-1)=13

OLga [1]

Answer:

x=-2 y=-3

Step-by-step explanation:

.

5 0

2 years ago