This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 46. (S11HW) An annuity pays 100 at the end of each month for 4 years and then 200 a month at the end of each month for the next four years. Calculate the current value right after the 48th payment at i(12) = 0.09 47. Book Problem 3.7, Number 1 48. Book Problem 3.7, Number 2 Answers: 44. 9633.21 45. 19,021.85 46. 13,789.03 47. 409.86 48. 4758.51...
View
Full
Document
This note was uploaded on 02/05/2012 for the course MA 373 taught by Professor Staff during the Spring '08 term at Purdue UniversityWest Lafayette.
 Spring '08
 Staff
 Math

Click to edit the document details