Find I and n for the following loan at the given annual rate monthly payments of 307.60 are made for 3 years to repay a loan at 6.6% compounded monthly. I=?


A company estimates that it will need 92,000 in 11 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 5.1% compounded monthly how much should each payment be

Assuming that i = 0.06 is the periodic interest rate, and not an annual rate, then the PMT value would be:

 

Recently more money 4u offered an annuity that pays 5.1% compounded monthly. If 972 is deposited into this annuity every month, how much is in th r a count after 12 years? How much of this is interest?

 

 

 

Recently more money 4u offered an annuity that pays 5.1% compounded monthly. If 972 is deposited into this annuity every month how much is in the account after 12 years? How much of this is interest

 

In order to accummulate enough money for a down payment on a house a couple deposits 713 per month into an account paying 3%compounded monthly if payments are made at the end of each period how much money will be in the account in 6 years

 

 

The question about the couple deposits 713 per month into an account paying 3%compounded monthly if payments are made at the end of each period how much money will be in the account I 6 years?

 

 

Monthly payments of 307.60 are made for 3 years to repay loan at 5.6% compounded monthly

 

 

Find I and n for the following loan at the given annual rate. Annual payments of $3900 are made for 14 years to repay a loan at 8.7%compounded annually

 

 

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