Find the compound amounts for the following deposits if interest is compounded continuously. $12,000 at 5% for
Question:
Find the compound amounts for the following deposits if interest is compounded continuously.
$12,000 at 5% for 8 years
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
P 12000 r 0...View the full answer
Answered By
Rehab Rahim
I am well versed in communicating and teaching in areas of all business subjects. I have helped many students in different ways from answering answers to writing their academic papers.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
How many years it will take a sum of $1575 to double when the rate of interest is 2.5% compounded quarterly? O Less than 25 years Between 28 to 29 years Between 25 to 26 years Between 27 to 28 years
-
Find the compound amounts for the following deposits if interest is compounded continuously. How long will it take for $2100 deposited at 4% compounded quarterly to double? To triple?
-
Find the compound amounts for the following deposits if interest is compounded continuously. How long will it take for $1000 deposited at 6% compounded semiannually to double? To triple?
-
Bloomberg Intelligence listed 50 companies to watch in 2018 (www .bloomberg.com/features/companies-to-watch-2018). Twelve of the companies are listed here with their total assets and 12-month sales....
-
Let X and Y equal, respectively, the blood volumes in milliliters for a male who is a paraplegic and participates in vigorous physical activities and for a male who is able-bodied and participates in...
-
(a) Convert the following C++ code from while-loop to for-loop, such that it gives the same output. [6 Marks] int i; while (true) { cin >> i; if (i == 7) break; cout < < i * i ; += 3; }
-
The clearance volume in the compressor is kept minimum because it affects: (a) Volumetric efficiency (b) Mechanical efficiency (c) Compressor efficiency (d) Isothermal efficiency
-
In the current year, Harrisburg Corporation had net income of $35,000, a $9,000 decrease in accounts receivable, a $7,000 increase in inventory, an $8,000 increase in salaries payable, a $13,000...
-
In a wheel of a bike, there are six spokes. If tensile forces in consecutive four spokes are 10N, 14N, 12N, and 5N respectively. Calculate the tensile forces in remaining two spokes. The wheel is in...
-
Which of the isomeric C4H10O alcohols can be prepared by hydrogenation of aldehydes? Which can be prepared by hydrogenation of ketones? Which cannot be prepared by hydrogenation of a carbonyl...
-
Find the effective rate to the nearest hundredth for each nominal interest rate. 7% compounded quarterly
-
Find the compound amounts for the following deposits if interest is compounded continuously. $1500 at 6% for 9 years
-
How long would a meterstick appear to be if it were traveling like a properly thrown spear at 99.5% of the speed of light?
-
You are given 11 different integers from the set {1,2,3,...,20). Is it true that one of your 11 integers is a multiple of another one of your 11 integers? Provide a proof to explain why the answer is...
-
Explain about some of the managerial implications and/or consequences of ethical leadership in an organization. What is ethical leadership and how would managers explain its impact on an...
-
explain the following in detail ? Authentic leadership Ethical leadership Servant leadership Trust and leadership
-
Explain the characteristics of ethical leaders. Distinguish between types of leadership. Describe what ethical leadership looks like in the accounting profession. Describe the components of...
-
Calculate the payback period for the following investment: Invest (10,000). Cash flows in Yr1: 1,000; Yr2: 3,000; Yr3: 3,000; Yr4: 3,000; Yr5: 100,000; Yr6: 250,000.
-
When two identical resistors are connected in parallel, which of the following is the same for both resistors-(a) voltage across each, (b) power dissipated in each, (c) current through each? Do any...
-
D Which of the following is considered part of the Controlling activity of managerial accounting? O Choosing to purchase raw materials from one supplier versus another O Choosing the allocation base...
-
The remainder theorem indicates that when a polynomial (x) is divided by x - k, the remainder is equal to (k). For (x) = x 3 - 2x 2 - x + 2, use the remainder theorem to find each of the following....
-
Graph each rational function. 4 2 f(x) 8
-
Find two numbers whose sum is 20 and whose product is the maximum possible value.
-
Australian Culture & Indigenous Peoples: Journal Article- Psychology Assignment Help Task: In order to address this task, make sure you have read: Ranzijn, R., McConnochie, K. R., & Nolan, W. (2009)....
-
show reasoning and all calculations. Especially with inventory turnover. Required: 1. Prepare a projected multiple step income statement for the year ended December 31, 2017. Submit using the Group...
-
174) The manager at the Yarn Factory changed the price of spools to increase sales. The current price per unit is $13.85 per box of 500 spools; and, the forecasted lower price per unit to increase...
Study smarter with the SolutionInn App