You deposit $100 every three months for the next 50 years,first deposit made today.If the interest rate is j4 = 10%,how much do you have three months after your last deposit?
A) $582,417
B) $568,212
C) $568,112
D) $554,256
Correct Answer:
Verified
Q41: Sally deposits $10,200 today in a fund
Q42: Trish needs to have $20,000 one year
Q43: To buy a used car,you have two
Q44: You can buy a used car for
Q45: A $1000 loan is being paid off
Q47: Deposits of $725 are made into an
Q48: A university student wins a scholarship worth
Q49: Jim buys some furniture for $3850.He pays
Q50: An education fund of $40,000 is to
Q51: Mrs.Smith makes 20 annual deposits of $2000
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents