The future value in thousands of dollars of an annuity of 500 months and a monthly payment of $380, $400 and $300 over a number of monthly percentage rates follows. 5300 4770- 4240- 3710- 3180 2650- 2120- 1590- 1060- 530- 0.1 02 0.3 0.4 0.5 0.6 0.7 0.8 0.9 Identify the monthly payment with the color of its graph. 400 380 300 a. purple b. blue c. green
The future value in thousands of dollars of an annuity of 500 months and a monthly payment of $380, $400 and $300 over a number of monthly percentage rates follows. 5300 4770- 4240- 3710- 3180 2650- 2120- 1590- 1060- 530- 0.1 02 0.3 0.4 0.5 0.6 0.7 0.8 0.9 Identify the monthly payment with the color of its graph. 400 380 300 a. purple b. blue c. green
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:The future value in thousands of dollars of an annuity
of 500 months and a monthly payment of $380, $400
and $300 over a number of monthly percentage rates
follows.
5300
4770-
4240-
3710-
3180
2650
2120
1590-
1060-
530
0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9
Identify the monthly payment with the color of its
graph.
400
380
300
a. purple
b. blue
c. green
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