playersmith011 playersmith011
  • 10-02-2021
  • Mathematics
contestada

Jack decides to invest $300 per quarter into an annuity. How long would he have to keep investing if the annuity is paying 8% annually and he wants to accumulate $10,000?

Respuesta :

madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 10-02-2021

Answer:

25.95 quarters which is about 6.5 years

Step-by-step explanation:

Ver imagen madethisfortwitch1
Answer Link

Otras preguntas

Find the new amount, Increase 2850 by 18%
Write an expression which solves for the radius of an object having a circumference of 46 feet.
Why does an insulator has a high resistance
although the pigs do not believe what Moses says, why do they allow him to return and even provide him with food? (chapter 9 animal farm)
What were the names of the minerals and types of rocks?
a square has a perimeter of 28.what is the area?
Find the new amount, Increase 300 by 54%
Why is DNA frequently found associated with protein inside cells
Why was Brown V. Board of Education argued twice in front of Supreme Court in 1954 and 1955?
Why is DNA frequently found associated with protein inside cells