Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. how much would you have to deposit at the end of t

How much would you have to deposit at the end of the year in an...

60.1K

Verified Solution

Question

Basic Math

image

How much would you have to deposit at the end of the year in an account that pays an interest rate of 7.16% compounded monthly if at the end of 15 years you want $20,000 in the account? Use the TMV calculator to fill in the table.N_____________I%__________PV__________PMT__________FV___________P/Y___________C/Y_________

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

on for the ellipse whose graph is shown y 0 8 6 16 X

Chemistry
1.2K views

Three major spectroscopic methods for elemental analysis atoms are Atomic Absorption Spectroscopy, Atomic Emission Spectroscopy, and Atomic...

Programming
1.2K views

Write a two-page summary of this important paper on CRC cards (Class, Responsibility & Collaboration) by...

Physics
1.2K views

Explain how a p - n junction works like a solar cell.

Geometry
1.2K views

Brian wants to build a ramp that leads to a storeroom 5 meters above the...

Basic Math
1.2K views

The cost of a Frigbox refrigerator is $875, and depreciates $40 each year. The cost...

Statistics
1.2K views

The table below show data that has been collected from different fields from various farms...

Algebra
1.2K views

The graph of the function y f x 43 can be obtained from the graph...

Algebra
1.2K views

Use the graph of f to find the value f 2 y f x Q...

Accounting
1.2K views

Described below are six independent and unrelated situations involving accounting changes. Each change...

Accounting
1.2K views

AAM Office Equip has issued $100,000,000 of bonds. They mature in 15 years and have...

Accounting
1.2K views

help with prt b please Concord Inc...