Solved

Find the Amount of Each Regular Payment to Provide $9,500

Question 72

Multiple Choice

Find the amount of each regular payment to provide $9,500 in 4 years, at an annual rate r = 9%, compounded monthly.

A) $165.16
B) $145.96
C) $172.96
D) $180.76
E) $179.66

Related Questions

Q67: The number of students studying algebra at

Q68: How many lines are determined by 9

Q69: Amy contributed $130 per month for

Q71: Evaluate the expression. <span class="ql-formula"

Q73: 5 words are to be paired with

Q74: Find the 5th term in the

Q75: One lender offers two mortgages, a

Q76: Find the value of $1,300 left on

Q77: A woman contributed <span class="ql-formula"

Q112: Find the amount of each regular payment