Krista invested $18,000 in a three-year regular-interest GIC earning 4.2% payable semiannually. What is each semiannual interest
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (18 reviews)
Semiannual ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
Calculate the maturity value of $2000 invested in a five-year compound-interest GIC earning 4.1% compounded annually.
-
Sun Life Financial offers a five-year compound-interest GIC earning rates of 2.5%, 3%, 3.5%, 4.25%, and 5% in successive years. Manulife offers a similar GIC paying rates of 2.75%, 3.25%, 3.5%, 4%,...
-
On June 1, Mia deposited $ 4,000 in an MMDA that pays 5% interest. On October 31, Mia invested $ 2,000 in a three- month CD that pays 6%. At the end of the year, how much interest will Mia have...
-
Fletcher Fabrication, Inc., produces three products by a joint production process. Raw materials are put into production in Department X, and at the end of processing in this department, three...
-
The company that you work for is a subsidiary of a larger company. At the beginning of each year, the subsidiary prepares a budget for the year that includes a forecast of revenues for the coming...
-
Suppose two circles, whose centers are at least 2a units apart (see figure), are centered at F 1 and F 2 , respectively. The radius of one circle is 2a + r and the radius of the other circle is r,...
-
With reference to Exercise 10.1, what can we say with \(95 \%\) confidence about the maximum error if we use the sample proportion as an estimate of the true proportion of complaints filed against...
-
During 2019, Jason and Vicki Hurting, who are married with two children and filing jointly, had the following tax information. Jason owns a cash-basis landscaping business, and Vicki works as a sales...
-
Gable Company uses three activity pools. Each pool has a cost driver. Information for Gable Company follows: Activity Pools Total Cost of Pool Machining $ 171,100 Cost Driver Number of machine hours...
-
The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information: The company expects to...
-
A $5000 loan at 10% compounded annually is to be repaid by two payments three and five years from the date of the loan. The first payment of $3000 will be applied to the balance owed after conversion...
-
Eric invested $22,000 in a five-year regular-interest GIC earning 4.5% payable monthly. What is each monthly interest payment?
-
In 2005 IBM had a return on equity of 26.7 percent, whereas Hewlett-Packards return was only 6.4 percent. Use the decomposed ROI framework to provide possible reasons for this difference based on the...
-
If the MRP of the last worker hired is lower than the wage rate, the firm has _________. a) hired too many workers b) hired too few workers c) hired the right number of workers
-
A firm will keep hiring more and more of a resource up to the point at which its __________-is equal to ___________.
-
The firms demand schedule for a resource is its _______ schedule. a) MPP c) total revenue b) MRP d) output
-
The added output for which one additional input of labor is responsible is its ___________. a) marginal revenue product b) marginal physical product c) average revenue product d) average physical...
-
A firm will keep leasing additional units of land until the MRP of that land is equal to the ____________.
-
Obtain equations for the speed of sound and isothermal, isobaric, and isentropic compressibility a valid for the van der Waals equation of state.
-
Using (1) or (2), find L(f) if f(t) if equals: t cos 4t
-
Sam purchased a home for $150,000 with some creative financing. The bank, which agreed to lend Sam $120,000 for 6 years at 15% interest, took a first mortgage on the house. The Joneses, who sold Sam...
-
General Price inflation is estimated to be 3% for the next 5 years, 5% the 5 years after that, and 8% the following 5 years. If you invest $10,000 at 10% for those 15 years, what is the future worth...
-
I ma Lucky girl recently found out that her grandfather has passed away and left her his Rocky Mountain Gold savings account. The account was originally opened 50 years ago when Ima's grandfather...
-
Commwest Bank owns $300 million of variable-rate notes yielding BBR plus 4 per cent. These loans are financed by $300 million of fixed-rate bonds costing 5 per cent.Northside Building Societyhas $300...
-
Mr. Smith enters into the long position in 5 S&P 500 futures contracts. His brokerage account requires an initial margin balance equal to 15% of the notional amount and a maintenance margin equal to...
-
Establishment Industries borrows $1,040 million at an interest rate of 7.2%. It expects to maintain this debt level into the far future. Establishment will pay tax at an effective rate of 38%. What...
Study smarter with the SolutionInn App