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pls help! thank you so much!! A man is disabled in an accident and wants to receive an insurance payment that will provide him with
pls help! thank you so much!!
A man is disabled in an accident and wants to receive an insurance payment that will provide him with $2000 at the end of each month for 15 years. If the payment can be placed in an account that pays 9% compounded monthly, what size payment should he seek? He should seek a payment of $ (Simplify your answer. Round to the nearest cent as needed.) Watch the video and then solve the problem given below. Click here to watch the video. A couple wants to buy a house and can afford to pay $1500 per month. If they can get a loan for 30 years with interest at 6% per year on the unpaid balance and make monthly payments, how much can they pay for a house? They can pay $ for a house. (Simplify your answer. Round to the nearest cent as needed.) Find the present value of an ordinary annuity which has payments of $800 per year for 10 years at 5% compounded annually. The present value is $ (Round to the nearest cent.) CETTE A woman decides to invest $3000 in an IRA CD at the end of each year for 10 years. If she makes these payments and the certificates all pay 6%, compounded annually, how much will she have at the end of the 10 years? At the end of 10 years, the woman will have approximately $ (Do not round until the final answer. Then round to the nearest cent as needed.) Step by Step Solution
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