Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. sally will invest 8 000 a year for 20 years in a f

Sally will invest 8 000 a year for 20 years in a fund that will...

80.2K

Verified Solution

Question

Basic Math

image

Sally will invest 8 000 a year for 20 years in a fund that will earn 6 annual interest If the first payment occurs at year end what amount will be in the fund in 20 years O a 294 284 72 O b 311 941 81 O c 310 942 35 O d 277 627 10

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Howarth Manufacturing Company purchased a lathe on June 30, 2014, at a cost of $115,000. The...

Accounting
Q

1 Label the animal and plant cell diagrams below by placing the correct numbers on...

Biology
Q

A box with an open top has vertical sides, a square bottom, and a volume...

Basic Math
Q

If 421 000 people each receive an average refund of 3 400 based on an...

Calculus
Q

Suppose char. F + 3 and K/F is a Galois extension with Gal(K/F) cyclic of...

Algebra
Q

a Find the slope of the line and b interpret the slope UC 3 3...

Algebra
Q

What is the contribution margin for total machine hours? Coffee machine $1,440,000.00;Coffee bean...

Accounting
Q

Prepare journal entries for a local government to record the following transactions, first for fund...

Accounting
Q

CUAL DE LOS SIGUIENTES ES UN REQUERIMIENTO PARA QUE UN PRINCIPIO DE CONTABILIDAD PUEDA LLAMARSE...

Accounting
Q

Question 23 (0.125 points) A company paid $150,000, plus a 7% commission and $5,000 in...

Accounting
Q

United States Motors Inc. (USMI) manufactures automobiles and light trucks and distributes them for sale...

Accounting
Q

Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that...

Accounting