13 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

10/09/17

#### how long will it take for your money to triple if it is deposited in an account earning 8% APR compounded semi weekly

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Annuities

06/26/17

12/19/16

12/18/16

Annuities

12/04/15

#### Today, Tiffany is starting to save up for a downpayment on a house. Currently she has $635 in an account earning 8% semiannually. She will deposit$138 at the b

Today, Tiffany is starting to save up for a down payment on a house. Currently she has $635 in an account earning 8% semiannually. She will deposit$138 at the beginning of every two weeks for four... more

10/11/14

#### How to set up and answer interest problems

The Thorntons have just welcomed their second child into their family. Due to the increased size of theirfamily, they decide to move out of their little 2 bedroom apartment. They have saved \$20,000... more

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