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Home > Money & Services > Banking   »   what is my deposit goning to be?

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Old Oct 11, 2009, 10:35 AM
kimber1922
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what is my deposit goning to be?

What will my deposit need to be if i have to pay $11,000 a year, for 10 years. My intrest rate is 5%. and i can not have any money left in the account after the last payment is made.

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Old Oct 11, 2009, 02:44 PM   #2  
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wonderful homework question, we don't answer them here, but tell us what your thoughts are and we can give you advice

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DownUnder agrees: I had to laugh! when do we do homework problems
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