subject
Mathematics, 28.08.2019 11:30 caitlin86

You want to purchase a new car in 5 years and you anticipate the cost of the car to be $55,000. you are given an investment plan with a fixed apr of 6.2%, assuming that you make regular monthly deposits. how much should you deposit at the beginning of each month to reach your goal of $55,000 in 5 years? round to the nearest cent.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:10
What is the value of x when x + 7 = 21?
Answers: 2
question
Mathematics, 21.06.2019 21:50
Aparticular telephone number is used to receive both voice calls and fax messages. suppose that 25% of the incoming calls involve fax messages, and consider a sample of 25 incoming calls. (a) what is the expected number of calls among the 25 that involve a fax message?
Answers: 1
question
Mathematics, 21.06.2019 22:20
Cone a has a surface area of 384 ft2 and cone b has a surface area of 96 ft? . what is the ratio of their volume?
Answers: 1
question
Mathematics, 21.06.2019 23:30
Consider the first four terms of the sequence below. what is the 8th term of this sequence?
Answers: 1
You know the right answer?
You want to purchase a new car in 5 years and you anticipate the cost of the car to be $55,000. you...
Questions
question
Mathematics, 23.10.2020 19:10
question
Mathematics, 23.10.2020 19:10
question
Mathematics, 23.10.2020 19:10
question
Advanced Placement (AP), 23.10.2020 19:10