menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    College Algebra Study Set 2
  4. Exam
    Exam 9: Natural Number Functions and Probability
  5. Question
    Find the Amount of Each Regular Payment to Provide $14,000
Solved

Find the Amount of Each Regular Payment to Provide $14,000

Question 192

Question 192

Multiple Choice

Find the amount of each regular payment to provide $14,000 in 10 years, at an annual rate r = 8%, compounded annually.


A) $1,458.28
B) $966.41
C) $979.21
D) $971.86
E) $977.96

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q187: The last payment of a home mortgage

Q188: Find the <span class="ql-formula" data-value="(

Q189: Find the effective interest rate given an

Q190: The probability of rain today is

Q191: The 11th term of an arithmetic sequence

Q193: Bank One offers a passbook account with

Q194: Find the next term of the

Q195: Select the correct inequality. <br>A)

Q196: For a 7-day Hawaii vacation, Beth borrowed

Q197: As Jorge starts working now at the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines