Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Anonymous bio_man
wrote...
Go to Answer
A year ago
Philip wants to supplement his pension by $415 per month with income from his investments. His investments pay him monthly and earn 8 1/2% p.a. What value of  investments must Philip have in his portfolio to generate enough interest to give him his desired income?

The value of investments must be: ?
Read 126 times
1 Reply
Replies
Answer verified by a subject expert
Anonymous AuthorAnonymous
wrote...
#1
A year ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Anonymous Author
wrote...

A year ago
Thanks for your help!!
missnoname
wrote...

Yesterday
Just got PERFECT on my quiz
acaruso
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  860 People Browsing
 121 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 319
  
 3200
  
 320