The amount of $39 600 is invested at 3.5% compounded quarterly. After four years the balance in
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
FV 39 60000100875 16 39 6001149574 45 ...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ 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
-
What is the future value of an annuity due of $5,645 paid every six months for three years at 6% annual interest compounded semiannually? What is the interest?
-
The amount of $27 350 is invested at 6% compounded monthly for 6 years. After the initial 6-year period, the balance in the fund is converted into an annuity due paying $1600 every 6 months. If...
-
An unavoidable cost may be met by outlays of $10 000 now and $2000 at the end of every six months for seven years or by making monthly payments of $500 in advance for seven years. Interest is 7%...
-
Project P costs $15,000 and is expected to produce benefits (cash flows) of $4,500 per year for five years. Project Q costs $37,500 and is expected to produce cash flows of $11,100 per year for five...
-
Forty-four percent of consumers with credit cards carry balances from month to month (bankrate.com, February 20, 2007). Four consumers with credit cards are randomly selected. a. What is the...
-
1 The access point is transmitting at 25 mW. The cable and connector between the access point and the antenna creates -2 dB of signal loss. The antenna provides 17 dBi of signal gain. Calculate the...
-
The velocity field of a flow is given by \(\mathbf{V}=2 x^{2} t \hat{\mathbf{i}}+[4 y(t-1)\) \(\left.+2 x^{2} t ight] \hat{\mathbf{j}} \mathrm{m} / \mathrm{s}\), where \(x\) and \(y\) are in meters...
-
Iris Beck is a licensed CPA. During the first month of operations of her business, the following events and transactions occurred. May 1 Beck invested $20,000 cash in her business. 2 Hired a...
-
- (i). [7 marks] Given g(1) = 1, show the solution of g(n) = g(n - 1) + 4n is O(n). - (ii). [7 marks] Analyze the time complexity of MAXSUBARRAYSUM algorithm. Algorithm MAXSUBARRAYSUM (A, l, h) 1:...
-
After building a scientific way for demand forecasting, Mary hoped Jason can propose the optimal inventory/ordering policies for these 4 products for the first week of 2019. The sale price/unit for...
-
Ken acquired his sisters share of their business by agreeing to make payments of $4000 at the end of each year for 12 years. If the payments are deferred for 3 years and money is worth 5% compounded...
-
A regular deposit of $100 is made at the beginning of each year for 20 years. Simple interest is calculated at i% per year for the 20 years. At the end of the 20-year period, the total interest in...
-
Find the sum. 1. 2. j =D1 10 2 2k3 k=1
-
What is Human Resource Management's Stages in the Job Analysis Process? Discuss Stages in the Job Analysis Process. Discuss three reasons why incumbents shouldn't write their own Job Descriptions....
-
The Regina Company, Inc. BALANCE SHEET (In Thousands) ASSETS Cash Accounts Receivable Inventories Other Current Assets Total Current Assets Fixed Assets Accum Depreciation Other Assets TOTAL ASSETS...
-
A 0.10 M solution of a weak monoprotic acid has a hydronium-ion concentration of 4.6 x 10 -4 M. What is the acid-ionization constant, K, for this acid?
-
What is the most overlooked aspect of Systems Management? Why?
-
Create a T- chart 3 primary organizational theories. Classical theory, Human relations theory( neoclassical theory)and Modern system theory. There should be 3 pros and 3 cons for each theory.
-
An Earth satellite put into orbit near Earths surface will have an elliptic orbit if its velocity v is between 18,000 mi/h and 25,000 mi/h. Write this as an inequality and graph these values of v.
-
Accounting policies and practices that are most important to the portrayal of the companys financial condition and results, and require managements most difficult, subjective, or complex judgments...
-
The Senate is in the middle of a floor debate, and a filibuster is threatened. Senator Hanks, who is still vacillating, has a probability of .1 of changing his mind during the next 5 minutes. If this...
-
Table 4 gives the percentage of the U.S. population living in the northeast region during the indicated years. The following transition matrix P is proposed as a model for the data, where N...
-
In Problem, could the given matrix be the transition matrix of a regular Markov chain? 1
-
Discuss with examples about financial innovation& how it develops banking industry?
-
Elaborate with real world examples about different financial markets that contributed towards growth of financial sector?
-
The following statement of financial position is for the partnership of Able, Brown, and Crown at November 1, 2018. Assets Liabilities Cash $ 20,000 Accounts payable $ 50,000 Other assets 180,000...
Study smarter with the SolutionInn App