Mathematics

15 October, 02:57

Madison has an annuity that pays $9003 at the beginning of each year. If the economy grows at a rate of 3.4% each year, what is the value of the annuity if she received it in a lump sum now rather than over a period of 9 years?

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Madison has an annuity that pays $9003 at the beginning of each year. If the economy grows at a rate of 3.4% each year, what is the value ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Determine whether the relation is a function { (6,5), (-1,-3), (2,-1), (5,-6) }

Quadrilateral ABCD is a square. BC = 10 What is the length of AC? A. 10 sqrt 2 B. 20 sqrt 3 C. 10 sqrt 3 D. Sqrt 100

Last year ryan went to school for 36 out 52 weeks. which fraction is not equivalent to 36/52?

The local farm sell a 4 pound basket of apples for 5.60 each apple weighs 4 ounces. what is the price per apples

5. Tank A has a capacity of 9.5 gallons. 6 13 gallons of the tank's water are poured out. How much water is left in the tank?

New Questions in Mathematics

5x8x56x101x1234x12+506

what is the correct upper and lower control limits for 8.42 pounds and the accectable range for plus or minus. 65 pounds

Argyle can read 7 pages of his book in 5 minutes. At that rate, how many pages can he read in two hours?

Country Population (1997 estimate) Area (square km) U. S. 272,648,000 9,364,520 Romania 22,609,000 237,391 Ghana 18,339,000 237,533 Which of these countries has the greatest population density? Which has the least?

Whats the square root of 2562634