Huang has a goal to have $50,000 in five years for a down payment on a house. He
invests in an annuity paying 6% interest, compounded monthly. How much does he
have to deposit each month to reach his goal? Enter your answer rounded to the
nearest cent. Omit the dollar sign and comma.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Huang has a goal to have $50,000 in five years for a down payment on a house. He invests in an annuity paying 6% interest, compounded ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the solution to this system of equations? a+b=9 a-b=3 a (6, 3) b (-6, 3) c (6, - 3) d (-6, - 3)
Answers (1)
What does the line - 5 x + 8 y = 8 look like
Answers (1)
15=5x+45 answerhurry
Answers (2)
Simplify 2x - 3 (-4x + 2)
Answers (2)
Diane Has to give medicine to her cat every morning for the next 21 days. How many weeks is this? ? Weeks
Answers (2)
New Questions in Mathematics
What happens to the line if you change the slope a) if y = 2x + 3 and change it to y = 3x + 3 b) if you change the 2 to - 2
Answers (1)
If x = 3, calculate the value of: 2x2 + x
Answers (1)
What's 86 written as a decimal?!?!
Answers (1)
Finds the height of a triangle with a base of 35 ft and an area of 262.5 ft2
Answers (1)
How many pair of parallel lines does a octagon have?
Answers (1)