nikkiebartels
11.03.2020 •
Mathematics
How much in dollars) is needed in an account that earns 9.6% compounded monthly to withdraw $1,000 at the end of each month for 15 years?
(Round your answer to two decimal places.)
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Ответ:
$4196.58
Step-by-step explanation:
Compound formula =
A = P(1+r)^n
P = Primary
R = Rate
N = Time
Amount = $1000(1+0.096/12)^(15*12)
=
$4196.58263959721
=
$4196.58
Ответ:
that is true peole alway say mean thing and that is not nice. WE ALLL NEEED EACH OTHER DURING THIS TIME:)
Step-by-step explanation: