Math help?! Its not that hard I just don't have a calculator? - yearly interest calculator
A committee of the state lottery pays the lottery winner "Million Dollar" 25 in the amount of $ 40,000 per year. The Commission has an initial payment of $ 40,000 immediately and the other N = 24 payments at the end of each of the next 24 years. Determine how much money the Commission should initially strengthened on the bank for payment if the net gain to an account in the Bank's interest rate of 9% per year, per year. Tip: Find the present value of pension. (Round your answer to the nearest cent).
Saturday, January 2, 2010
Yearly Interest Calculator Math Help?! Its Not That Hard I Just Don't Have A Calculator?
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You are on a team, and you do not have a calculator? It seems hard to believe, since both are available for Windows and Mac OS with a calculator.
ReplyDeleteYou are on a team, and you do not have a calculator? It seems hard to believe, since both are available for Windows and Mac OS with a calculator.
ReplyDelete