Statistics - variable interest rates ...

Statistics - variable interest rates question?

Posted in the Harlan Forum

bustamihleazynte cathryn

Miami, FL

#1 Oct 3, 2013
Statistics - variable interest rates question?
-
A 15-year annuity pays $1,700 per month, and payments are made at the end of each month. The interest rate is 12 percent compounded monthly for the first Six years and 10 percent compounded monthly thereafter.

What is the present value of the annuity?

Possible Answers:

$145,941.52

$1,751,298.25

$143,022.69

$148,860.35

$207,705.57
teme

Dallas, TX

#2 Oct 22, 2013
Statistics - variable interest rates question?A 15-year annuity pays $1,700 per month, and payments are made at the end of each month. The interest rate is 12 percent compounded monthly for the first Six years and 10 percent compounded monthly thereafter.

What is the present value of the annuity?

Possible Answers:

$145,941.52

$1,751,298.25

$143,022.69

$148,860.35

$207,705.57
exax

Dallas, TX

#3 Oct 22, 2013
teme wrote:
Statistics - variable interest rates question?A 15-year annuity pays $1,700 per month, and payments are made at the end of each month. The interest rate is 12 percent compounded monthly for the first Six years and 10 percent compounded monthly thereafter.

What is the present value of the annuity?

Possible Answers:

$145,941.52

$1,751,298.25

$143,022.69

$148,860.35

$207,705.57.
You can find the best solutions for you at:-hxxp://WWW.ANNUITY-HELP.US

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