What is the accumulated value after 12 years of monthly deposits of $145 earning interest at 5%
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
PMT 14500 i 25 n 144 c 212 16 p 102...View the full answer
Answered By
Shameen Tahir
The following are details of my Areas of Effectiveness. The following are details of my Areas of Effectiveness English Language Proficiency, Organization Behavior , consumer Behavior and Marketing, Communication, Applied Statistics, Research Methods , Cognitive & Affective Processes, Cognitive & Affective Processes, Data Analysis in Research, Human Resources Management ,Research Project,
Social Psychology, Personality Psychology, Introduction to Applied Areas of Psychology,
Behavioral Neurosdence , Historical and Contemporary Issues in Psychology, Measurement in Psychology, experimental Psychology,
Business Ethics Business Ethics An introduction to business studies Organization & Management Legal Environment of Business Information Systems in Organizations Operations Management Global Business Policies Industrial Organization Business Strategy Information Management and Technology Company Structure and Organizational Management Accounting & Auditing Financial Accounting Managerial Accounting Accounting for strategy implementation Financial accounting Introduction to bookkeeping and accounting Marketing Marketing Management Professional Development Strategies Business Communications Business planning Commerce & Technology Human resource management General Management Conflict management Leadership Organizational Leadership Supply Chain Management Law Corporate Strategy Creative Writing Analytical Reading & Writing Other Expertise Risk Management Entrepreneurship Management science Organizational behavior Project management Financial Analysis, Research & Companies Valuation And any kind of Excel Queries.
4.70+
16+ Reviews
34+ 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
-
For the past 6 years Joe Borelli has made deposits of $300 at the end of every 6 months, earning interest at 5% compounded semi-annually. If he leaves the accumulated balance in an account earning 6%...
-
Determine the accumulated value after 12 years of deposits of $360 made at the beginning of every 3 months and earning interest at 7% compounded quarterly.
-
Determine the unknown quantity for each of the following independent situations using the appropriate interest tables: 1. Sue wants to have $10,000 saved when she begins college. If Sue enters...
-
Assume the premises: S. S-P. P~N, ~R-N. Give a detailed informal proof of: R. Number each step and give an explanation for each. Write all the steps in the proof at once in the Math Editor. (it works...
-
A firm produces computer chips for personal computers. From past experience, the firm knows that 4% of the chips are defective. The firm collects a sample of the first 500 chips manufactured at 1:00...
-
Question 2: Consider filtrations Gn Fn, n = 0,1,. If {Mn)n0 is adapted to {Gn}nzo and is a martingale with respect to {F}n0, is it also a martingale with respect to {Gn}nzo?
-
The temperature in a surface condenser is \(40^{\circ} \mathrm{C}\) and the vacuum is \(69 \mathrm{~cm}\) of \(\mathrm{Hg}\) while the barometer reads \(75 \mathrm{~cm}\) of \(\mathrm{Hg}\)....
-
Is Samsungs product development process customer centered? Team based? Systematic? In the world of consumer electronics, copycat brands are a dime a dozen. These are the brands consumers turn to if...
-
Internal auditors are often used to review an organization's financial statements such as balance sheets, income statements, and cash flow statements prior to public filings. Auditors seek to verify...
-
Deacon Company is a merchandising company that is preparing a budget for the three-month period ended June 30. The following information is available: Deacon Company Balance Sheet March 31 Assets...
-
For how long must $75 be deposited at the end of each month to accumulate to $9500 at 6.5% compounded quarterly?
-
A $135 000 mortgage is amortized by making monthly payments of $974.37. If interest is 4.92% compounded semi-annually, for how many years is the term of the mortgage?
-
A football player with a mass of 88 kg and a speed of 2.0 m/s collides head-on with a player from the opposing team whose mass is 120 kg. The players stick together and are at rest after the...
-
Stevenhas cash in a savings account totaling $14250, and his monthly expenses are $2850. What is his emergency fund ratio? a. 3 b. 0.29 c. 8 d. 5
-
6. Assume A is correctly priced by CAPM. Whenever the market moves down 2%, stock A moves down, on average, by 2.5%. How does the beta of stock A compare to the beta of the market as a whole? Explain.
-
Bob comes into your office and says, "I owe Bank of Texas $65,000 in credit card debt. Can we put my band new vacation home in a trust to make sure it's preserved in case I'm sued?" Would this...
-
Calculate the coordinates of the center of gravity (miym) of the shaded area in the figure. (n=3,14) + 3a k a Ay Circle * 2a * 22 A) (1,60 a; 1,83 a) B) (1,83 a; 1,92 a) C) (1,75 a; 1,55 a) D) (1,95...
-
In 2022, can Epicurus' simple prescription for happiness work (see DeBotton's article)? Explain why or why not. Make sure to identify his prescription in your answer. Use specific examples.
-
Find the indicated ratios. The electric resistance R of a resistor is the ratio of the voltage V across the resistor to the current i in the resistor. Find R if V = 0.632 V and i = 2.03 mA.
-
Highland Theatre is owned by Finnean Ferguson. At June 30, 2014, the ledger showed the following: Cash, $6,000; Land, $100,000; Buildings, $80,000; Equipment, $25,000; Accounts Payable, $5,000;...
-
Solve Problem using augmented matrix methods. -2x1 + 4x2 = 4 3x1 -6x2 = -6
-
Solve Problem using augmented matrix methods. 2x1 - 3x2 = -8 5x1 + 3x2 = 1
-
Solve Problem using augmented matrix methods. 4x1 + 3x2 = 26 5x1 - 11x2 = -7
-
Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $36.44 per share. She expects the price of the stock to rise to $43.62 over the next 3 years. During that time she also...
-
At the beginning of the week, Taylan's restaurant had a beginning inventory of food and beverages totaling $4,000. During the week, additional food and beverages purchases totaled $3,000. At the end...
-
1. Identify the auditor's role in the internal and external auditing processes. 2. Identify one law, regulation, and statue affecting healthcare
Study smarter with the SolutionInn App