subject
Mathematics, 13.10.2021 01:00 2023apd

Your uncle is working in a tire factory that offers a pension in the form of an annuity that pays 5% annual interest, compounded monthly. He wants to work for 30 years and then have a retirement income of $4000 per month for 25 years. How much does he and his employer together need to deposit per month into the pension fund to accomplish this?

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 13:30, igtguith
Franklin neason earns $5,250 a month as a sales manager. what is his semimonthly salary? a.$10,500b.$5,250c.$2,365d.$2,625
Answers: 1
image
Mathematics, 21.06.2019 15:30, hfleysher
Each of the four sides of a swimming pool measures 9 meters. the pool is 5 meters deep. how much water will be needed to fill it completely? a. 45 cubic meters b. 81 cubic meters c. 225 cubic meters d. 405 cubic meters reset next
Answers: 1
image
Mathematics, 21.06.2019 18:30, kordejah348
Atriangle with all sides of equal length is a/an triangle. a. right b. scalene c. equilateral d. isosceles
Answers: 2
image
Mathematics, 21.06.2019 19:30, fantasticratz2
Nikolas calculated the volume of the prism. his work is shown below.
Answers: 1
You know the right answer?
Your uncle is working in a tire factory that offers a pension in the form of an annuity that pays 5%...

Questions in other subjects:

Konu
Mathematics, 13.12.2019 09:31