How much interest is included in the accumulated value of $3200 paid at the end of every
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
PMT 320000 i 325 n 8 Total paid 320000 8 ...View the full answer
Answered By
Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
CERTIFICATION
Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
If you contribute $1500 into a vacation account at the end of every six months for four years and interest on the deposits is 4.26% com- pounded semi-annually, how much would the balance in the...
-
To attend school, Sam deposits $1500 at the end of every six months for four and one-half years. What is the accumulated value of the deposits if interest is 6% com- pounded quarterly?
-
How much interest is included in the future value of an ordinary simple annuity of $1500 paid every 6 months at 7% compounded semi-annually if the term of the annuity is 15 years? Reference Example...
-
Two ball bearings from different manufacturers are being considered for a certain application. Bearing A has a catalog rating of 2.0 kN based on a catalog rating system of 3 000 hours at 500 rev/min....
-
Newscasters wish to estimate the proportion of registered voters who support the incumbent candidate in the mayoralelection. In an earlier poll of 240 registered voters,110 had supported the...
-
In Exercises a parametrization is given for a curve. (a) Graph the curve. Identify the initial and terminal points, if any. Indicate the direction in which the curve is traced. (b) Find a Cartesian...
-
In a worm geared pulley block, the effective diameter of the effort wheel is 250 mm. The worm is single threaded and the worm wheel has 100 teeth. The effective diameter of load drum fixed to it is...
-
Following is Crash Zone Corporations balance sheet at the end of 2013 and its cash flow statement for 2014. Crash zone manufactures safety equipment for race cars. Balance Sheet as of December 31,...
-
Mumford Limited had the following financial statement account balances for 2022. Net Sales $356,420 Cost of Goods Sold 152,000 Average Accounts Receivable 19,710 Average Inventory 4,845 average...
-
It has been reported that 83% of federal government employees use e-mail. If a sample of 200 federal government employees is selected, find the mean, variance, and standard deviation of the number...
-
Ms. Simms made deposits of $540 at the end of every three months into a savings account. For the first five years interest was 5% compounded quarterly. Since then the rate of interest has been 5.5%...
-
What is the size of deposits made at the end of each period that will accumulate to $67200 after eight years at 6.5% compounded semi-annually?
-
Evaluate the integrals in Problem. Check your results by differentiation. (3x - x 3 ) 2 (3 - 3x 2 ) dx
-
Date Account Title Debit Credit Sept 1 Cash 10,000 Common Stock 10,000 Sept 2 Equipment 5,000 Cash 5,000 Sept 3 Rent Expense 400 Cash 400 Sept 4 Supplies 500 Cash 500 Sept 5 Advertising Expense 250...
-
Briefly discuss the difference between Public Finance and Corporate Finance. (10 marks) QUESTION 2: (15 marks) a) Find the balance in an account at the end of five years if RM2,500 is deposited today...
-
For this discussion we had a choice to discuss about Publix or pick a store we use in our community, and I decided to pick Kroger. The reason I picked Kroger is because I go shopping there more than...
-
Traditionally, Hobbits have relied on private provision for their schooling. As the newly elected mayor of the Shire, Samwise Gamgee has decided to launch a public schooling option. The typical...
-
Eyeone and SafetyTwo are a cournot duopoly. Inverse demand function of P=160-2Q where total output is Q=Q1+Q2, Eyeone (Q1) SafetyTwo(Q2). Monthly cost is estimated as C=4Q for both. Eyeone is...
-
What are the risks for consumers and retailers? What are some ways that these risks could be overcome? In a country where cash is king and almost everyone owns a cell phone, Japan's NTT Decomo led a...
-
A horizontal annulus with inside and outside diameters of 8 and 10 cm, respectively, contains liquid water. The inside and outside surfaces are maintained at 40 and 20oC, respectively. Calculate the...
-
In Problem find each of the following: (A) Intercepts (B) Vertex (C) Maximum or minimum (D) Range n(x) = (x-4)2 - 3
-
In Problem find the vertex form for each quadratic function. Then find each of the following: (A) Intercepts (B) Vertex (C) Maximum or minimum (D) Range g(x) = x2 - 6x + 5
-
In Problem find the vertex form for each quadratic function. Then find each of the following: (A) Intercepts (B) Vertex (C) Maximum or minimum (D) Range s(x) = -4x2 -8x - 3
-
Assume that we have a Ridge regression problem with only one predictor, and the true model is linear without an intercept, i.e. Y = X + e. Assume that we have In samples, (xi, y), (x2, Y2), . . .,...
-
Please write a program that calculates the final score of multiple students using different weight of exams and assign their final grade using the following criteria: If the average grade is 90 or...
-
Write a program to create a file named "MyFile.txt". Store the following information in the file. Name Mlido Zodwa Phumla Tom Surname Samsons Bardwell Harrison Mpisane ITS Number 402106372 402103053...
Study smarter with the SolutionInn App