What payment made at the end of each quarter for 15 years will accumulate to $12 000
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
FV 12 00000 i 05 n 60 c 412 3 p 1005 ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ 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 payment made at the end of each year for 18 years will amount to $16 000 at 4.2% compounded monthly?
-
What deposit made at the end of each quarter for 15 years will accumulate to $20 000 at 6% compounded quarterly?
-
What payment made at the end of every 6 months for 15 years will accumulate to $18000 if interest is 5% compounded semi-annually?
-
An investment was made for $35,000 and and income of $3,000. The ending value of the investment was $34,000. The percentage return on the investment is closest to: 5.7%, 8.6%, 11.8%
-
In order to lure female customers, a new clothing store offers free gourmet coffee and pastry to its customers. The average daily revenue over the past five-week period has been $1,080 with a...
-
Cortisone is a natural steroid that can be isolated from the adrenal cortex. It has anti-inflammatory properties and is used to treat a variety of disorders (e.g., as a topical application for common...
-
The velocity ratio of thirds system of pulleys is (a) \(2^{n}\) (b) \(n\) (c) \(2^{n}-1\) (d) \(2^{n}+1\)
-
Baker Brothers has a DSO of 40 days, and its annual sales are $7,300,000. What is its accounts receivable balance? Assume that it uses a 365-day year.
-
Cost overruns and extraordinary spending by healthcare organizations harms the sustainability of the healthcare organization. Through activity-based costing (ABC), the healthcare industry is working...
-
Marika has already accumulated $18,000 in her RRSP. If she contributes $2000 at the end of every six months for the next 10 years, and $300 per month for the subsequent five years, what amount will...
-
Dale purchased a retirement annuity paying $1800 every 6 months for 20 years. If interest is 4.6% compounded monthly, how much did Dale invest in the annuity?
-
To finance the development of a new product, a company borrowed $30 000 at 7% compounded monthly. If the loan is to be repaid in equal quarterly payments over seven years and the first payment is due...
-
When processed, which of the following can consume the newline character? a. >> operator b. < < operator c. getline function d. Both a and c
-
What is the price (in $) of a 9-year bond with a 7% annual coupon with a yield to maturity of 9%?
-
3 5 6 8 9 10 5 Router Previous Two or more computers connected together Allows a network cable to be plugged in to allow interface or communication with other computers via a network Central location...
-
A project requires an initial investment in equipment of $90,000 and also requires an initial investment in net working capital of $10,000 (at t = 0), net working capital is recovered at the end of...
-
6. What is nodal tissue? 7. What is the function and location of the S-A node? 8. Explain the following abnormalities: tachycardia bradycardia fibrillation 9. What is a cardiac cycle? 10. Af what...
-
Marshall was nearing retirement age and was concerned about his retirement savings. He thought the stock market was too risky, so he put his money into a certificate of deposit (CD) at his local...
-
How does blockchain technology help improve food safety? Contaminated food poses very serious risks to the public, and outbreaks traced to particular restaurants or grocery stores are not just...
-
(a) Prove that form an orthonormal basis for R3 for the usual dot product. (b) Find the coordinates of v = (1, 1, 1)T relative to this basis. (c) Verify formula (5.5) in this particular case. 48-65...
-
For Problem, find x to four decimal places. (A) log x = 2.0832 (B) log x = -1.1577 (C) ln x = 3.1336 (D) In x= -4.3281
-
For problem, solve equation to four decimal places. 10x = 153
-
For problem, solve equation to four decimal places. ex = 0.3059
-
On January 1 of Year 1, Innovative Lab issued a 4-year $50,000 note to a local bank with fixed interest payments based on 6%, payable annually on December 31. To hedge the risk of a fixed interest...
-
Part 4 Tennis company, a distributor of Tennis Rackets, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement below: Sales Variable...
-
Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 59,500 $ 37,600...
Study smarter with the SolutionInn App