Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
justxdrive justxdrive
wrote...
Go to Answer
Posts: 138
Rep: 0 0
10 months ago
If $100,000 will purchase a 20-year annuity paying $830 at the end of each month, what monthly compounded nominal rate and effective rate of interest will the invested funds in the annuity earn? Round to the nearest 0.01%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 50 times
1 Reply
Replies
Answer verified by a subject expert
hfrankoshfrankos
wrote...
#1
Posts: 119
Rep: 2 0
10 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

justxdrive Author
wrote...

10 months ago
Just got PERFECT on my quiz
prime7105
wrote...

Yesterday
Thanks
Hellish Lover
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
  1291 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 96
  
 249
  
 748
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: Who will win the 2024 president election?