Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 26 Oct 2017 My Price 4.00

Loan Repayments

Determining Loan Repayments Rockness needs $40,000 to pay off a loan due on December 31, 2019. His plans included the making of 10 annual deposits beginning on December 31, 2010 in accumulating a fund to pay off the loan. Without making a precise calculation, Rockness made three annual deposits of $4,000 each on December 31, 2010, 2011, and 2012, which have been earning interest at 10% compounded annually

Required

What is the equal amount of each of the next seven deposits for the period December 31, 2013 to December 31, 2019 to reach the fund objective, assuming that the fund will continue to earn interest at 10% compounded annually?

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Oct 2017 10:10 AM My Price 4.00

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