Charlotte wants $30,000 in eight years by making monthly payments into an annuity that pays 4 1/2 %. What does she need to deposit each period to reach her goal?

20) George bought a car for $30,000. He makes a down payment of 15% What is the amount financed?

Answer rating: 100% (QA)

To calculate the monthly deposit Charlotte needs to make to reach her goal of 30000 in eight years w... View the full answer