Find the amount necessary to fund the given withdrawals.Semiannual withdrawals of $220 for 7 years; interest rate is 7.4% compounded semiannually.

A. $2370.60
B. $1335.22
C. $9521.29
D. $4774.15


Answer: A

Mathematics

You might also like to view...

Solve the problem.The magnitudes and directions of two forces acting on an object are given. Find the magnitude of the resultant to the nearest tenth.71.8 lb; 10.9° W of Nand132.3 lb; 57.1° W of S

A. 97.5 lb B. 158.3 lb C. 111.1 lb D. 124.7 lb

Mathematics

Provide an appropriate response.An adjustable rate mortgage means:

A. payments will be larger than on a fixed rate mortgage B. the interest rate cannot change C. the interest rate is fixed for the first five years D. the interest rate can change

Mathematics

Use a formula from the list provided to find the area of the figure. 

A. 16.8 square yards B. 29.50 square yards C. 8.4 square yards D. 14.75 square yards

Mathematics

Simplify.4

A. 2
B. 16
C. 48
D. 8

Mathematics