Suppose you have $1,425 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5%
Question:
a. $1,810.92
b. $1,692.45
c. $1,827.85
d. $2,047.87
e. $1,709.38
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
b 169245 A p1rn Where as P is nothing b...View the full answer
Answered By
Kajal Pawar
I am a graduate civil engineer. I teach student at home, also I solve doubts to online students. And I am doing this from my last 3-4 years.
I am a hard working person with major problem solving skills, loves to solve problems, have good academic record.
I can solve your assignments of civil engineering, mathematics, physics, etc.
0.00
0 Reviews
10+ Question Solved
Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Question Posted:
Students also viewed these Accounting questions
-
You have $1,500 and plan to purchase a 5-year certificate of deposit that pays 3.5% interest, compounded annually. How much will you have when the CD matures?
-
The Flagstar bank isn Michigan offered a 5 year certificate of deposit (CD) at 4.38% interest compounded quarterly.* On the same day on the Internet, Principle Bank offered a 5 year CD at 4.37%...
-
An electrical goods manufacturer plans to purchase a relay switch, a key component in many of its products, from an external source. It is estimated that the usage of this part in its production...
-
Net sales revenue, net income, and common stockholders' equity for Vallen Optical Corporation, a manufacturer of contact lenses, follow for a four-year period. Requirements 1. Compute trend...
-
Write an equation of each line. a. the line y = 4.7x translated down 3 units b. the line y = - 2.8x translated right 2 units c. the line y = - x translated up 4 units and left 1.5 units
-
Suppose you have an oracle, OM(s), that correctly predicts the opponents move in any state. Using this, formulate the definition of a game as a (single-agent) search problem. Describe an algorithm...
-
What are the advantages to making a CCP 998 offer?
-
The manager of a minor league baseball team wants to estimate the average fastball speed of two pitchers. He clocks 50 fastballs, in miles per hour, for each pitcher. A portion of the data is shown...
-
k = = 1500 and k= N =2000 m Q1 (7 marks): For the system shown in Figure 1, m =35 kg, m=20 kg, N m ' If the initial displacement and velocity of mass m m 10 12 mm and 10=0 m is x20=-6 mm and v20=0 '...
-
You are a profitable conglomerate thinking about getting into the gelati business by acquiring the firm Alati Gelati (AG). Current info for you, AG and their similar comp is listed below. You...
-
Sue now has $490. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $941.10 b. $724.64 c. $837.58 d. $1,148.14 e. $1,157.55
-
Suppose a State of New York bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 4.1%, how much is the bond worth today? a. $669.10 b. $675.79 c. $628.96 d....
-
What types of skills are necessary to use this system?
-
For leads that are to be further nurtured, please describe at least 2 things you might do as part of your nurturing process to move them to a higher score and onto account managers?
-
What is the anion radius in nm approximated to 3 decimals if the force of attraction between A+2 cation and B-2 anion is 0.0000000137 N and If the ionic radius of the cation is 0.016 nm where the...
-
Explain organizational change and briefly discuss the three types of change? ( 350 words please)
-
Why do similar charges repel each other? From a in depth complicated physics perspective why is this the nature of similar charges? Is there something in the quantum understanding that could be...
-
4. Find the solution to the following differential equation: (b) dy dx do dt - 8nmE (n, m, and E are settings) in sine-cosine form. h 6 d dt = et - 90
-
Identify the valid and invalid overloaded methods in the following code: public class PointD { private double x; private double y; // method 1 public double distance (PointD pt) { // method 2 public...
-
1) The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a) An inelastic demand b) An elastic demand c) A demand curve that is...
-
Gillian purchased 10,000 ordinary shares in Downtown plc in January 2015 for 20,000. In October 2020, Upmarket plc acquired the whole of the share capital of Downtown plc following a take-over bid....
-
The following are nine global business terms used in this chapter: Each of the following statements may describe one of these terms. For each statement, indicate the global business term described,...
-
The following are nine global business terms used in this chapter: Each of the following statements may describe one of these terms. For each statement, indicate the global business term described,...
-
For each of the following scenarios, use the current exchange rates in The Wall Street Journal or from an Internet site such as www.xe.com/ucc to compute the required amount: a. A Citron automobile...
-
Ralph's existing mortgage has an interest rate of 6 percent and an outstanding balance of $179,950.43. His currently monthly payment on this loan is $1,088.19. Ralph expects to move in 12 months, but...
-
A buyer with a 20-year, $419,000 loan at a 4.25% interest rate has a monthly principal and interest payment totaling $2,594.59. If $1,483.95 is interest, how much is applied toward principal for that...
-
A buyer obtained a 30-year, $205,000 loan with a 5.0% interest rate. How much of the monthly payment is interest?
Study smarter with the SolutionInn App