Ask
your own question, for FREE!
Mathematics
19 Online
OpenStudy (anonymous):
Jonny is able to invest $600 per month in an ordinary annuity (retirement account) at 7% compounded monhtly. After 10 years, the economy tanks. For the next 10 years, he can only afford $350 per month and the interest rates drop to 5% compoundly monthly during the second 10 years. How much total money does Johny have in his retirement account after 20 years?
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
zariahispretty:
How Do I get my old account back if password not working
Bot1:
if i am going through some kind of depression right now, how do i help myself, wi
Kay06:
I was given the theme of thinking youre in love, but its merely just a distraction.
JuneTheAssasin2923:
Does anyone know anything about literary analyisis papers?
kristen000021:
js a lil sum iggg Said you wanted to talk "What's the odds, I've seen you three t
zariahispretty:
How Do I get my old account back if password not working
8 hours ago
9 Replies
1 Medal
Bot1:
if i am going through some kind of depression right now, how do i help myself, wi
5 hours ago
38 Replies
10 Medals
Kay06:
I was given the theme of thinking youre in love, but its merely just a distraction.
31 minutes ago
9 Replies
2 Medals
JuneTheAssasin2923:
Does anyone know anything about literary analyisis papers?
9 hours ago
8 Replies
1 Medal
kristen000021:
js a lil sum iggg Said you wanted to talk "What's the odds, I've seen you three t
7 minutes ago
16 Replies
5 Medals
