Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period.$97,000; money earns 4.6% compounded monthly for 

A. $5215.43
B. $2517.96
C. $345.76
D. $2594.97


Answer: A

Mathematics

You might also like to view...

You are dealt one card from a 52-card deck. Find the probability that you are not dealt:a 10.

A.
B.
C.
D.

Mathematics

Factor the trinomial completely.2x4 - 24x3 + 70x2

A. x2(x - 7)(2x - 10) B. x2(2x - 14)(x - 5) C. 2(x2 - 7)(x2 - 5) D. 2x2(x - 7)(x - 5)

Mathematics

Evaluate the factorial expression.

A.
B. 2! 
C. 30 
D.

Mathematics

Solve the equation by clearing the constant.h + 2 = -14

A. h = 12 B. h = -12 C. h = -16 D. h = 16

Mathematics