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please answer 7,8and 10 i dont have more questions left this is the last question i am using i would really appreciate that if u
please answer 7,8and 10 i dont have more questions left this is the last question i am using i would really appreciate that if u answer me all three.
Question 7 (1 point) Acme Inc. wants to save $100,000 over the next 10 years? How much must they deposit at the end of every six months into an account earning a semi-annual rate of 7.48% (j2). Your Answer: Answer Question 10 (1 point) Georgina has $178,000 in her retirement account. She will not make any additional contributions, but her account will earn interest at j12=6% until she retires in three years. If she begins month-end withdrawals of $5000 when she retires, how long will her account last? Express your answer in months to two decimal places. Assume that the account continues to earn j12=6% during retirement. YourStep by Step Solution
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