bollinger091909 bollinger091909
  • 04-09-2016
  • Mathematics
contestada

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?

Respuesta :

iluv4paws1420
iluv4paws1420 iluv4paws1420
  • 04-09-2016
i think its $117,817.20
Answer Link

Otras preguntas

The independent variable in the Situational school of leadership is: a. Maturity of the followers b. Clarity of the task c. Time horizon d. Organizational suppo
the domains of art are​
What is the yield to maturity for a bond paying $100 annually that has 6 years until maturity and sells for $1,000
Find the value of 4( a+3b)-2(3a-4b),when a=5 & b =2​
The time, in seconds, required for an object accelerating at a constant rate of a meters/second to travel a distance of d meters is given by this equation t = v
Can the hypotenuse or a leg be a decimal? Why or why not?
How would you end this paragraph? How about we bring up how he, Mr.Dark, appears unexpectedly, pretty odd right.Have you ever walked down stairs and someone co
PLEASE EXPLAIN 16a⁴-25???
Answer thanks, show how you got the answer.
help me plz:3 tahnk you!!