every month Tripp deposit is $377 into an interest-bearing account to save for a down payment on a house. The interest rate on the account is 4.83% compounding twice a year. What is the present value of this investment if Tripp purchases the house in 20 years? (show work)
A = $9832.53
B = $58,995.15
C = $57,604.02
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “every month Tripp deposit is $377 into an interest-bearing account to save for a down payment on a house. The interest rate on the account ...” 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 type of triangle is a 45-45-90 triangle?
Answers (1)
Gayle, Irma and when'll each made a cake. Gayle used 3 1/4 cups of flour, Irma used 2 2/3 cups of flour, and wynell used 4 1/2 cups of flour. How much total flour did the three ladies use?
Answers (1)
Samantha black, a 5-foot y'all park ranger, needs to know the height of a tree. She notices that when the shadow of the tree is 24 feet long her shadow is 4 feet long.
Answers (1)
Hello do you know what 80:1000=
Answers (2)
Megan owes $26.00 for text messaging in the month of August. If her text messaging plan costs $9 for the first 650 messages and 10¢ for each additional text message, how many text messages did she send that month?
Answers (1)
New Questions in Mathematics
A survey was given and here are the results "Number responding less than 1 week" Gender - X N Males - 71 411 Females - 64 253 a) Construct a 95% confidence interval for the difference in the proportions of males and females at this university.
Answers (1)
Select the graph that would represent the best presentation of the solution set. | 5x - 1 | < 1
Answers (1)
One number is one more than four times another. the sum of the numbers is 16. find the two numbers
Answers (1)
What is 3x - 4 + 20 = 55
Answers (1)
From a circular card sheet of radius 28 cm, two circles of radii 7 cm each and a rectangle of length 3 cm and breadth 2 cm are removed. Find the area of the remaining sheets
Answers (1)