(45) Number of Periods for an Annuity You have $42,180.53 in a brokerage account, and you plan...
Question:
(4–5)
Number of Periods for an Annuity You have $42,180.53 in a brokerage account, and you plan to deposit an additional
$5,000 at the end of every future year until your account totals $250,000. You expect to earn 12% annually on the account. How many years will it take to reach your goal?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Jacob Festus
I am a professional Statistician and Project Research writer. I am looking forward to getting mostly statistical work including data management that is analysis, data entry using all the statistical software’s such as R Gui, R Studio, SPSS, STATA, and excel. I also have excellent knowledge of research and essay writing. I have previously worked in other Freelancing sites such as Uvocorp, Essay shark, Bluecorp and finally, decided to join the solution inn team to continue with my explicit work of helping dear clients and students achieve their Academic dreams. I deliver, quality and exceptional projects on time and capable of working under high pressure.
1263+ Reviews
2859+ Question Solved
Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
Question Posted:
