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business math please help me out! 9 of 15 questions saved Question 4 (2 points) Drill Problem 13-8 Use the tables in the Business Math
business math please help me out! 9 of 15 questions saved Question 4 (2 points) Drill Problem 13-8 Use the tables in the Business Math Handbook to solve this sinking fund problem. Quarterly payments are to be made for 6 years at an interest Page 1: |||| 2TS -rate of 8%. The desired total amount is $25,000 at the end of the sixth year. what is the amount of the required quarterly payment? 1) $812.80 2) $822.50 3) $933.33 04) some other amount 10 11 12 Save 13 14 15 Question 5 (2 points) Drill Problem 13-12 Pete King promised to pay his son $300 semiannually for 9 years. Assume Pete can invest his money at 8% in an ordinary annuity. How much must Pete invest today to pay his son $300 semiannually for 9 years? Legend a Saved Response unsaved Response Info Item 1) $2,811.57 2) $3,797.79 31 $4,968.00 4) some other amount Save Question 6 (2 points) Adjusted Drill Problem If you invest $200 at the beginning of each month in your 14- year-old child's education at 6% interest, how much will you have when the child is ready for college in exactly 4 years? 1) $10.873 68 2) $11.073.68 3) $11.273.68 4) some other amount Save Question 15 Saved Question 7 (2 points) B
business math please help me out!
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