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Help with this finance math problem?
Jill decided to deposit $500 at the end of each year for 16 years into an annuit
ty that is compounded annually at 7% for her daughter. What single deposit made
today would be equivalent to depositing the $500 at the end of each year for 16
years? Show all work.
BEST ANSWER
Try this site where you can compare quotes from different companies:
WWW.ANNUITY-HELP.US

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Help with this finance math problem?

  • 1. Help with this finance math problem? Jill decided to deposit $500 at the end of each year for 16 years into an annuit ty that is compounded annually at 7% for her daughter. What single deposit made today would be equivalent to depositing the $500 at the end of each year for 16 years? Show all work. BEST ANSWER Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US