Question: please write answer clear [0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 6.3.005. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the future value of an annuity
please write answer clear
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[0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 6.3.005. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the future value of an annuity of $1600 paid at the end of each year for 15 years, if interest is earned at a rate of 4%, compounded annually. (Round your answer to the nearest cent.) $ 960 x Need Help? {11 Points] DETAILS HARMATHAP12 6.3.007.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the future value of an ordinary annuity of $9,000 paid quarterly for 2 years, if the interest rate is 6%, compounded quarterly. (Round your answer to the nearest cent.) $ Need Help? E [0\" Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 6.3.009. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The Weidmans want to save $25,000 in 4 years for a down payment on a house. If they make monthly deposits in an account paying 12%, compounded monthly, what is the size of the payments that are required to meet their goal? (Round your answer to the nearest cent.) $ [l 1 Points] DETAILS HARMATHAP12 6.3.010. 3034.718 x Need Help? f ' MYNOTES H ASKYOURTEACHER H PRACTICEANOTHER A sinking fund is established to discharge a debt of $40,000 in 5 years. If deposits are made at the end of each 6-month period and interest is paid at the rate of 6%, compounded semiannually, what is the amount of each deposit? (Round your answer to the nearest cent.) $
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