12 Answered Questions for the topic Annuities

Annuities Finance Amortization

02/03/21

#### The annual interest rate on a credit card is17.99​%. If a payment of ​300 is made each​ month, how many months will it take to pay off an unpaid balance of ​2515.87?

You can assume that no new purchases were paid with the credit card. This is my last question on my homework and I've tried it a hundred times and I always get it wrong.
Annuities Finance

12/19/19

#### How do you solve this annuities problem?

Question: Kenny wants to invest $250 every 3 months at 5.2%/a compounded quarterly. He would like to have at last$6500 at the end of his investment. How long will he need to make regular payments?

04/26/19

#### Probability of phone numbers

I am having trouble figuring out how to solve this. Would you be able to help me?Local phone numbers consist of seven numerals, the first three of which are common to many users. A small town's... more

11/26/17

Annuities

01/17/17

12/18/16

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