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I NEED JUST THE ANSWERS FOR THESE Find i (the rate per period) and n (the number of periods) for the following annuity. Quarterly deposits
I NEED JUST THE ANSWERS FOR THESE
Find i (the rate per period) and n (the number of periods) for the following annuity. Quarterly deposits of $1,200 are made for 5 years into an annuity that pays 7% compounded quarterly. i = 8 (Type an integer or decimal rounded to four decimal places as needed.) n=8 Find i (the rate per period) and n (the number of periods) for the following annuity. Monthly deposits of $215 are made for 3 years into an annuity that pays 8% compounded monthly. i= (Type an integer or decimal rounded to four decimal places as needed.) Use the future value formula to find the indicated value. n = 40; i = 0.05; PMT = $104; FV = ? FV = $ (Round to the nearest cent.) Use the future value formula to find the indicated value. FV = $3435; n= 25; i = 0.07; PMT = ? PMT = $ (Round to the nearest cent.)Step by Step Solution
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