{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-12T00:04:57-04:00", "answer_date": "2024-09-12 00:04:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10326047", "url": "\/study-help\/questions\/you-need-to-accumulate-81670-for-your-sons-education-you-10326047", "question_creation_date_js": "2024-09-12T00:04:57-04:00", "question_creation_date": "Sep 12, 2024 12:04 AM", "meta_title": "[Solved] You need to accumulate $81,670 for your s | SolutionInn", "meta_description": "Answer of - You need to accumulate $81,670 for your son's education. You have decided to place equal year-end deposits in a saving | SolutionInn", "meta_keywords": "accumulate,$81,670,son,s,education,decided,place,equal,year-end,deposits,savings,account", "question_title_h1": "You need to accumulate $81,670 for your son's education. You have decided to place equal year-end deposits in a savings account for the next 17", "question_title": "You need to accumulate $81,670 for your son's education. You have decided", "question_title_for_js_snippet": "You need to accumulate $81,670 for your son's education You have decided to place equal year end deposits in a savings account for the next 17 years The savings account pays 3 55 percent per year, compounded annually How much will each annual payment be Round the answer to two decimal places ", "question_description": "

You need to accumulate $81,670 for your son's education. You have decided to place equal year-end deposits in a savings account for the next 17 years. The savings account pays 3.55 percent per year, compounded annually. How much will each annual payment be?<\/p>

Round the answer to two decimal places.<\/em><\/p>", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-12 00:04:57", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/business-communication\/describe-the-evolving-role-of-email-in-business-communication-and-1997500", "description": "Describe the evolving role of email in business communication, and explain how to adapt the three-step writing process to email messages. [page 195]", "stars": 0 }, { "url": "\/stockton-company-sold-goods-on-account-with-a-sales-price", "description": "Stockton Company sold goods on account with a sales price of $70,000 on August 17. The terms of the sale were 2\/10, n\/30. Instructions: 1. Record the sale using the gross method of accounting for...", "stars": 3 }, { "url": "\/study-help\/questions\/you-need-to-accumulate-81670-for-your-sons-education-you-10326047", "description": "You need to accumulate $81,670 for your son's education. You have decided to place equal year-end deposits in a savings account for the next 17 years. The savings account pays 3.55 percent per year,...", "stars": 3 }, { "url": "\/study-help\/questions\/review-case-briggs-v-southwestern-energy-production-co-answer-3347343", "description": "Review case Briggs v. Southwestern energy production co. , answer the following please? 1. What is the issue in this case? In other words, what question of law had to be addressed by the court in...", "stars": 3 }, { "url": "\/study-help\/questions\/you-notice-several-adult-guests-playing-in-the-pool-their-974034", "description": "You notice several adult guests playing in the pool. Their play is getting slightly more aggressive and loud and several guests who were near them have moved away. How would you respond?", "stars": 3 }, { "url": "\/study-help\/questions\/kubin-companys-relevant-range-of-production-is-18000-to-22000-8413780", "description": "Kubin Companys relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $...", "stars": 3 }, { "url": "\/study-help\/questions\/1-you-are-developing-a-multimedia-product-to-be-sold-1011851", "description": "1. You are developing a multimedia product to be sold on CD-ROM. You wish to use the following media assets within this product. How would copyright and intellectual property laws affect your use of...", "stars": 3 }, { "url": "\/study-help\/questions\/question-15-you-are-required-to-read-through-the-case-988859", "description": "Question 15: You are required to read through the case study and complete the blank parts of the behavioural management plan. Case Study: Alex is 4 years old. He has been at the centre for a few...", "stars": 3 }, { "url": "\/study-help\/questions\/ted-purchases-a-car-costing-40616-he-makes-a-down-1001818", "description": "Ted purchases a car costing $40,616. He makes a down payment of $4,000 and finances the rest of the cost with a 10-year loan. The loan interest rate is j12 = 3.6% and the monthly loan payments are...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/on-january-1-a-company-issues-bonds-dated-january-1-10326046", "next": "\/study-help\/questions\/615-sweeten-company-had-no-jobs-in-progress-at-the-10326048" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Finance", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-finance" }, { "name": "You need to accumulate $81,670 for your son's education. You have decided", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/you-need-to-accumulate-81670-for-your-sons-education-you-10326047" } ], "skill_details": { "skill_id": "13", "skill_name": "Finance", "parent_id": "1" } }" } }