Based on the phone and email response to my recent article on annuity abuses, I am a hero with the Joe the Plumbers of the world and something worse than a goat with many annuity salespeople. A num…
Posts Tagged ‘Second’
A Second Look At Annuities
07
Oct
Long Financial Math Question Involving Annuities. Anyone Wish To Give Me A Second Opinion?
01
Oct
A sinking fund is established by a couple so that they will have $80,000 for their daughter’s college education. They are to make monthly payments for ten years, when the fund is to be worth $100,000. If the interest rate they get is 7.2% compounded monthly, what should be the monthly payment?