document.write( "Question 934358: i am planning to go on a vacation in 7 years which will cost $18000 i am going to save every 3 months which pays 5.5% how much money do i have to put in every 3 months? \n" ); document.write( "

Algebra.Com's Answer #567952 by MathTherapy(10552) $\"\"$ $\"About$

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\n" ); document.write( "i am planning to go on a vacation in 7 years which will cost $18000 i am going to save every 3 months which pays 5.5% how much money do i have to put in every 3 months?
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Formula for end-of-month payment into an ordinary annuity, given:
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document.write( "future value
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document.write( "number of payments per annum,
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document.write( "time, in years, and
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document.write( "annual interest rate:
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document.write( "Based on the above formula, a future value of $18,000, 4 payments per annum, over a 7-year period, @ 5.5% 
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document.write( "annual interest, payment to make = $.
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document.write( "You can do the check!! 
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