1 2 3 Q13 Carla Tortelli receives pension payments of $4,570.00 at the end of every...

 

Transcribed Image Text:

1 2 3 Q13 Carla Tortelli receives pension payments of $4,570.00 at the end of every six months from a retirement fund of $82,000.00. The fund CLR 12 earns 8.06% compounded semi-annually. How many payments will Carla receive? 4 S 6 7 8 9 What is the size of the final pension payment? 0 1 2 3 4 5 6 -7 8 -9 0 113 0b). 3 + 1 2 3 Q13 Carla Tortelli receives pension payments of $4,570.00 at the end of every six months from a retirement fund of $82,000.00. The fund CLR 12 earns 8.06% compounded semi-annually. How many payments will Carla receive? 4 S 6 7 8 9 What is the size of the final pension payment? 0 1 2 3 4 5 6 -7 8 -9 0 113 0b). 3 +

Answer rating: 100% (QA)

Present value of amount in fund 82000 Semi annual payments 4570 Interest rate 806 612 403 P... View the full answer