Question: 1.Find the periodic payment which will amount to a sum of $21000 if an interest rate 6% is compounded annually at the end of 10


1.Find the periodic payment which will amount to a sum of $21000 if an interest rate 6% is compounded annually at the end of 10 consecutive years.
2.Find the size of each of 6 payments made at the end of each year into a 5% rate sinking fund which produces $92000 at the end of 6 years.


!i \"has!\" 3' 9 Take a TestJay Sukhedia x m Mathwayl Prnhlem Snl 3' Ya SDLLI110N: FIIdlhe perm II x m Compound Interest Cdculat: x a Homework Help 4:\" fmm x ( C Q i i Secure \\ https:lfwww.mathxl.curnf5[udemiPlayerTesl.aspx?[estld=154605453acemerwin=yes {ti Q. 5 Apps * Bookmarks D F351 Pace Urgent Ca... D F351 Pace Urgent Ca... D Empluymentl Regio... G Gougle ' Apple 3) Disney E ESPN .Yahou'. 201-1 poiaris sports... D 2015 Forest River M... w E Other Buokmarks Finite MATH1630 elearn Fall 2017 Test: Chapter Test 5.1, 5.2, 5.3 Thiamosnnpi 1 60f10t500mpletelv b 11'IIBTIst1Dp'tspoa'ble O Find the pen'edic payment which wilt amount to a sum at 521 can it'arl interest rate 6% i5 mmpeunded annualiy at the The periodic payment is 5 end of 10 consecutive years. (Round tn the nearest cent.) Enter your answer in the answer box. !i \"has!\" 3' 9 Take a TestJay Suknadia x m Maihwayl Prnhlem Snl x G Flndiheperiudic paymentw x m Compound Interest Cdculat: x a IfSTEOIsinueshad 112% m x ( C Q i i Secure \\ https:lfwww.mathxl.curnf5[udemiPlayerTesl.aspx?[estld=154605453acemerwin=yes ' Q. 5 Apps r Bookmarks D F351 Pace Urgent Ca... D F351 Pace Urgent Ca... D Empluymentl Regio... G Gougle ' Apple 3) Disney E ESPN .Yahou'. 201-1 poiaris sports... D 2015 Forest River M... w E Other Buokmarks Finiia MATH1630 e-learn Fall 2017 Test: Chapter Test 5.1, 5.2, 5.3 This MN pt 1 70f10{5 oomplaialv E 11Ila1'nst10p'ispoa'bla O Find the size ofead'i nfG payments made at the end of ead'i year into a 5% rate sinking fund \\M'iich produces 592000 3! the and of 6 ymrs. The paymenl size is S (Round in the nearest mm.) Enter your answer in the answer box
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