Question: Finite math gestion 7 4 points Save Ar Joan is 30 years away from retiring and starts saving $500 each month in an Annuity Account

Finite math

gestion 7 4 points Save Ar Joan is 30 years away from retiring and starts saving $500 each month in an Annuity Account paying average 10% compounded monthly. How much will Joan have in her account when she retires? O V = PI- ((1 + r)"-1) -1 = 500 ( (1 + 0.10/12) (12 x 30) - 1) / (0.10/12) = $1,130,243.96 (5/ n) O V= Pnt (1 + 1)"= 500 x 12 x 30 x ( 1 + 0. 10/12)30 = $230,885.27 O V= P((1 + 1)?-1)(1) = 6000 x ((1 + 0.1)12 x 30-1)/(.1)= $986,964 14 O V= Pnt (1 + 1) = 500 x 12 x 30 x ( 1 + 0. 10) = $198,00

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