Every quarter with the first withdrawal
How much money do you need on March 30, 2011 earning 8.25% compounded quarterly in order to withdraw $300 every quarter with the first withdrawal on June 30, 2011 and the last withdrawal made on December 30, 2045?
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Determine the size of the required monthly deposits (rounded up to the next cent) in order to have the $26050 on June 1, 2025.
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An item costs $5600. It can be bought by making monthly payments for four years with the first payment made immediately. If interest charged is 13.5% compounded monthly, determine the size of the monthly payments rounded up to the next cent.
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Sketch the straight line defined by finding the x- and y- intercepts -2x-6y+18=0
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