Alpha Geek

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    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Business & Finance Posted 03 Aug 2017 My Price 6.00

A young graduate is saving for house on Lake Hartwell. The compounded quarterty. His first deposit

A young graduate is saving for house on Lake Hartwell. The compounded quarterty. His first deposit will be made at the end of the next quarter, so this is a $1,550.00 merely ments at a648% APR interest rate Given the the value of the savings and the loar) The young graduate is plannngonsaving $1,291.00each quarter for 12.00 years nanmesment acount paying 700% ntrest that- 12.00 years, interoat rate Given the graduate's plans, how expensive of a lake house will he expect to be able to purchase?

Answers

Alpha Geek
(8)
Status NEW Posted 03 Aug 2017 01:08 PM My Price 6.00

Fin-----------d t-----------he -----------val-----------ue -----------of -----------his----------- sa-----------vin-----------gs -----------at -----------the----------- en-----------d o-----------f 1-----------2th----------- ye-----------ar.----------- R -----------= 0-----------.07-----------96/-----------4 N----------- = -----------12*-----------4 =----------- 48----------- PM-----------T =----------- 12-----------91 -----------FV -----------= U-----------sin-----------g e-----------xce-----------l f-----------unc-----------tio-----------n F-----------V(R-----------,N,-----------PMT-----------) F-----------V(0-----------.07-----------96/-----------4,4-----------8,------------129-----------1)

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