I need to find the formula for this question?

Published by admin at September 27, 2023

Tags

$102,828 needs to be accumulated for tuition. Equal year-end deposits are made in a savings account for the next 15 years. The savings account pays 13.29 percent per year, compounded annually. How much will each annual payment be?

Round the answer to two decimal places.

I need to find the formula for this question?

"Get 15% discount on your first 3 orders with us" Use the following coupon FIRST15

Related posts

a running track measures 1056 ft per lap. to run 15.0 km how many laps should you run? How do you break the equation down into a solution map?

A local magic shop has a monopoly on the production of magic wands. Each customer wants only one magic wand, and the table below shows each…

A machine produces pipes used in airplanes. The average length of the pipe is 16 inches. The acceptable variance for the length is .3 inches. A…

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15