Calculate the investment - apr 4 percent, Mathematics

Assignment Help:

Suppose you start saving today for a $55,000 down payment that you plan to make on a house in 7 years,  assume that you make no deposits into the account after the initial deposit, for the account described below, how much would you need to deposit now to reach your goal of $55,000 in 7 years?   The account as daily compounding and an APR of 4%,  How much should you invest?


Related Discussions:- Calculate the investment - apr 4 percent

Two even digits , Find the number of six-digit positive integers that can b...

Find the number of six-digit positive integers that can be formed using the digits 1,2, 3, 4, and 5 (every of which may be repeated) if the number must start with two even digits o

Need some clarity?, THE % PARTICIPATION Feature in a major medical expense ...

THE % PARTICIPATION Feature in a major medical expense policy is 75% with a $100 deductible. how much of a $2,000 bill is the insured responsible for paying?

Interpretation, Interpretation A high value of r as +0.9 or - 0...

Interpretation A high value of r as +0.9 or - 0.9 only shows a strong association among the two variables but doesn't imply that there is a causal relationship that is

Standard deviation, Certain model of new home distributed with a mean of $1...

Certain model of new home distributed with a mean of $150,000. Find percentage of buyers who paid between $150,000-155,000 if standard deviation is $1800.

Sharon purchased six movie tickets how much was each ticket, Sharon purchas...

Sharon purchased six adult movie tickets. She spent $43.50 on the tickets. How much was each ticket? To ?nd out the price of each individual ticket, you should divide the total

Word problem, adison earned $25 mowing her neighbor''s lawn. then she loane...

adison earned $25 mowing her neighbor''s lawn. then she loaned her friend $18, and got $50 from her grandmother for her birthday. she now has $86. how much money did adison have to

Comperative statics, Discuss comparative statics,Market model and Nationa i...

Discuss comparative statics,Market model and Nationa income model

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd