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Use Table 12 2 to find how much should be deposited now at 6% Interest, compounded monthly, to yleld an annuity payment of $900 at
Use Table 12 2 to find how much should be deposited now at 6% Interest, compounded monthly, to yleld an annuity payment of $900 at the beginning of each month, for 2 years. (lound your answer to the nearest cent.) S Need Help? Read Watch It Master It -/1 Points] DETAILS BRECMBC9 12.11.012. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use Table 12-2 to solve. Jami Minard wants to recelve an annuity of $8,000 at the beginning of each year for the next 10 years. How much (In $) should be deposited now at 7% compounded annually to accomplish this goal? (Round your answer to the nearest cent.) SL Need Help? Read -/1 Points] DETAILS BRECMBC9 12.11.014. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use Table 12-2 to solve. Ron Sample is the grand prize winner in a college tuition essay contest awarded through a local organization's scholarship fund. The winner rerelves $5,000 at the beginning of each year for the next 3 years. How much (in $) should be invested at 8% interest compounded annually to award the prize? (Round your answer to the nearest cent.) si Need Help? Read /1 Points] DETAILS BRECMBC9 12.11.016. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use Table 12-2 to solve. Analysts at Sky West Airlines did a 3 year projection of expenses. They calculated that the company will need $15,400 at the beginning of each 6 month period to buy fuel, oil, lube, and parts for aircraft operations and maintenance. Sky West can get 4% interest compounded semiannually from its bank. How much (in 5) should Sky West deposit now to support the next 3 years of operations and maintenance expenses? (Round your answer to the nearest cent.) 5| Need Help? Read It
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