Answer to Question #321286 in Financial Math for mathishard

Question #321286

Acme Annuities recently offered an annuity that pays 7.2% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $108,000 in 16 ​years?



0
Service report
It's been a while since this question is posted here. Still, the answer hasn't been got. Consider converting this question to a fully qualified assignment, and we will try to assist. Please click the link below to proceed: Submit order

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS