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  • https://stats.libretexts.org/Sandboxes/JolieGreen/Finite_Mathematics_-_June_2022/04%3A_Mathematics_of_Finance/4.03%3A_Annuities_and_Sinking_Funds/4.3.01%3A_Annuities_and_Sinking_Funds_(Exercises)
    If the interest rate is 7.8%, how much will he have (a) at the end of 5 years? (b) at the end of 10 years? If the interest rate is 9%, how much should she save at the end of each month to have that am...If the interest rate is 7.8%, how much will he have (a) at the end of 5 years? (b) at the end of 10 years? If the interest rate is 9%, how much should she save at the end of each month to have that amount in three years? How much should be deposited at the end of each quarter in a sinking fund to payoff the note in four years if the interest rate is 8%? 12) If the inflation rate stays at 6% per year for the next five years, how much will the price be of a $15,000 car in five years?

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