Find the periodic payments that will amount to the given sums under the given conditions. S = $8000; interest is 4% compounded monthly; payments are made at the end of each month for 5 years.
Chapter 12, Section 12.2 #18
Find the periodic payments that will amount to the given sums under the given conditions.
S = $8000; interest is 4% compounded monthly; payments are made at the end of each month for 5 years.
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Answers for Questions in Chapter 12
Extended Application:
Review Exercises:
- RE-1
- RE-2
- RE-3
- RE-4
- RE-5
- RE-6
- RE-7
- RE-8
- RE-9
- RE-10
- RE-11
- RE-12
- RE-13
- RE-14
- RE-15
- RE-16
- RE-17
- RE-18
- RE-19
- RE-20
- RE-21
- RE-22
- RE-23
- RE-24
- RE-25
- RE-26
- RE-27
- RE-28
- RE-29
- RE-30
- RE-31
- RE-32
- RE-33
- RE-34
- RE-35
- RE-36
- RE-37
- RE-38
- RE-39
- RE-40
- RE-41
- RE-42
- RE-43
- RE-44
- RE-45
- RE-46
- RE-47
- RE-48
- RE-49
- RE-50
- RE-51
- RE-52
- RE-53
- RE-54
- RE-55
- RE-56
- RE-57
- RE-58
- RE-59
- RE-60
- RE-61
- RE-62
- RE-63
- RE-64
- RE-65
- RE-66
- RE-67
- RE-68
- RE-69
- RE-70
- RE-71
- RE-72
- RE-73
- RE-74
- RE-75
- RE-76
- RE-77
- RE-78
- RE-79
- RE-80
- RE-81
- RE-82
- RE-83
- RE-84
- RE-85
- RE-86
Section 12.1:
- S12.1-2
- S12.1-3
- S12.1-4
- S12.1-5
- S12.1-6
- S12.1-7
- S12.1-8
- S12.1-9
- S12.1-10
- S12.1-11
- S12.1-12
- S12.1-13
- S12.1-14
- S12.1-15
- S12.1-16
- S12.1-17
- S12.1-18
- S12.1-19
- S12.1-20
- S12.1-21
- S12.1-22
- S12.1-23
- S12.1-24
- S12.1-25
- S12.1-26
- S12.1-27
- S12.1-28
- S12.1-29
- S12.1-30
- S12.1-31
- S12.1-32
- S12.1-33
- S12.1-34
- S12.1-35
- S12.1-36
- S12.1-37
- S12.1-38
- S12.1-39
- S12.1-40
- S12.1-41
- S12.1-42
- S12.1-43
- S12.1-44
- S12.1-45
- S12.1-46
- S12.1-47
- S12.1-48
- S12.1-49
- S12.1-50
- S12.1-51
- S12.1-52
- S12.1-53
Section 12.2:
- S12.2-1
- S12.2-2
- S12.2-3
- S12.2-4
- S12.2-5
- S12.2-6
- S12.2-7
- S12.2-8
- S12.2-9
- S12.2-10
- S12.2-11
- S12.2-12
- S12.2-13
- S12.2-14
- S12.2-15
- S12.2-16
- S12.2-17
- S12.2-19
- S12.2-20
- S12.2-21
- S12.2-22
- S12.2-23
- S12.2-24
- S12.2-25
- S12.2-26
- S12.2-27
- S12.2-28
- S12.2-29
- S12.2-30
- S12.2-31
- S12.2-32
- S12.2-33
- S12.2-34
- S12.2-35
- S12.2-36
- S12.2-37
- S12.2-38
- S12.2-39
- S12.2-40
- S12.2-41
- S12.2-42
- S12.2-43
- S12.2-44
- S12.2-45
- S12.2-46
- S12.2-47
- S12.2-48
- S12.2-49
- S12.2-50
- S12.2-51
- S12.2-52
- S12.2-53
- S12.2-54
- S12.2-55
- S12.2-56
- S12.2-57
- S12.2-58
- S12.2-59
- S12.2-60
- S12.2-61
- S12.2-62
Section 12.3:
- S12.3-1
- S12.3-2
- S12.3-3
- S12.3-4
- S12.3-5
- S12.3-6
- S12.3-7
- S12.3-8
- S12.3-9
- S12.3-10
- S12.3-11
- S12.3-12
- S12.3-13
- S12.3-14
- S12.3-15
- S12.3-16
- S12.3-17
- S12.3-18
- S12.3-19
- S12.3-20
- S12.3-21
- S12.3-22
- S12.3-23
- S12.3-24
- S12.3-25
- S12.3-26
- S12.3-27
- S12.3-28
- S12.3-29
- S12.3-30
- S12.3-31
- S12.3-32
- S12.3-33
- S12.3-34
- S12.3-35
- S12.3-36
- S12.3-37
- S12.3-38
- S12.3-39
- S12.3-40
- S12.3-41
- S12.3-42
- S12.3-43
- S12.3-44
- S12.3-45
- S12.3-46
- S12.3-47
- S12.3-48
- S12.3-49
- S12.3-50
Section 12.4:
- S12.4-1
- S12.4-2
- S12.4-3
- S12.4-4
- S12.4-5
- S12.4-6
- S12.4-7
- S12.4-8
- S12.4-9
- S12.4-10
- S12.4-11
- S12.4-12
- S12.4-13
- S12.4-14
- S12.4-15
- S12.4-16
- S12.4-17
- S12.4-18
- S12.4-19
- S12.4-20
- S12.4-21
- S12.4-22
- S12.4-23
- S12.4-24
- S12.4-25
- S12.4-26
- S12.4-27
- S12.4-28
- S12.4-29
- S12.4-30
- S12.4-31
- S12.4-32
- S12.4-33
- S12.4-34
- S12.4-35
- S12.4-36
- S12.4-37
- S12.4-38
- S12.4-39
- S12.4-40
- S12.4-41
- S12.4-42
Section 12.5:
- S12.5-1
- S12.5-2
- S12.5-3
- S12.5-4
- S12.5-5
- S12.5-6
- S12.5-7
- S12.5-8
- S12.5-9
- S12.5-10
- S12.5-11
- S12.5-12
- S12.5-13
- S12.5-14
- S12.5-15
- S12.5-16
- S12.5-17
- S12.5-18
- S12.5-19
- S12.5-20
- S12.5-21
- S12.5-22
- S12.5-23
- S12.5-24
- S12.5-25
- S12.5-26
- S12.5-28
- S12.5-29
- S12.5-30
- S12.5-31
- S12.5-32
- S12.5-33
- S12.5-34
- S12.5-35
- S12.5-36
- S12.5-37
- S12.5-38
- S12.5-39
- S12.5-40
- S12.5-41
- S12.5-42
- S12.5-43
Section 12.6:
- S12.6-1
- S12.6-2
- S12.6-3
- S12.6-4
- S12.6-5
- S12.6-6
- S12.6-7
- S12.6-8
- S12.6-9
- S12.6-10
- S12.6-11
- S12.6-12
- S12.6-13
- S12.6-14
- S12.6-15
- S12.6-16
- S12.6-17
- S12.6-18
- S12.6-19
- S12.6-20
- S12.6-21
- S12.6-22
- S12.6-23
- S12.6-24
- S12.6-25
- S12.6-26
- S12.6-27
- S12.6-28
- S12.6-29
- S12.6-30
- S12.6-31
- S12.6-32
- S12.6-33
- S12.6-34
- S12.6-35
- S12.6-36
- S12.6-37
- S12.6-38
- S12.6-39
- S12.6-40
Section 12.7:
- S12.7-1
- S12.7-2
- S12.7-3
- S12.7-4
- S12.7-5
- S12.7-6
- S12.7-7
- S12.7-8
- S12.7-9
- S12.7-10
- S12.7-11
- S12.7-12
- S12.7-13
- S12.7-14
- S12.7-15
- S12.7-16
- S12.7-17
- S12.7-18
- S12.7-19
- S12.7-20
- S12.7-21
- S12.7-22
- S12.7-23
- S12.7-24
- S12.7-25
- S12.7-26
- S12.7-27
- S12.7-28
- S12.7-29
- S12.7-30
- S12.7-31
- S12.7-32
- S12.7-33
- S12.7-34
- S12.7-35
- S12.7-36
- S12.7-37
- S12.7-38
- S12.7-39
- S12.7-40
- S12.7-41
- S12.7-42
- S12.7-43
- S12.7-44
- S12.7-45
- S12.7-46
- S12.7-47
- S12.7-48
- S12.7-49
- S12.7-50
- S12.7-51
- S12.7-52
- S12.7-53
- S12.7-54
- S12.7-55
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