FREE Trial

How much will an investment of $ 10,000 be worth at the end of five years if it earns? A.

Question:

How much will an investment of $ 10,000 be worth at the end of five years if it earns?
A. 10 percent interest compounded annually?
B. 10 percent interest compounded semiannually?
C. 10 percent interest compounded quarterly?
D. Why do the answers above change?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 66% (12 reviews)

a PV 10 000 r 10 c 1 n 5 ANN 0 FV 16 1…View the full answer


answer-question
Answered By
tutor-profile-image
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details. PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+ 3+ Reviews 10+ Question Solved
Related Book For  answer-question
Introduction to Accounting An Integrated Approach

Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

See More Books
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: March 25, 2015 11:32:45
See More Questions

Students also viewed these Accounting questions

Q:
How much will an investment of $ 9,000 be worth at the end of five years if it earns? A. 3 percent interest compounded monthly? B. 4 percent interest compounded monthly? C. 3 percent interest...
A:
a PV 9 000 ANN 0 r 3 c 12 n 60 FV 10 454 55 b P......
Q:
How much will an investment of $100 be worth after 20 years if it increases in value by 25% in each of 10 years, but declines by 20% in each of the other 10 years?
A:
For a 25 increase 1 c 1 25 For a 20 decrease 1 c 1......
Q:
How much more will an investment of $10,000 earning 8% compounded annually be worth after 25 years than after 20 years? Calculate the difference in dollars and as a percentage of the smaller maturity...
A:
Maturity value after 25 years PV 1 i n 10 000 1 08 25......
Q:
Everyone knows that cigarette smoking is harmful to your health. But is it also harmful to people who live or work among smokers? Discuss this issue in terms of the third-party economic externalities...
A:
Although doctors have repeatedly warned that cigarette smoking cau......
Q:
The Pew Research Center for the People and the Press (people-press.org) has asked a representative sample of U.S. adults about global warming, repeating the question over time. In October 2010, the...
A:
Perhaps the most obvious error is that the percentage......
Q:
A derrick boom is guyed by cables AC and AD. A worker is lifting a 20-kg block by pulling on a rope that passes through the pulley at A. Knowing that the boom AB exerts a force at A that is directed...
A:
TAC LL 6 TAD A WAE dBA 6 m 6 m 3 m 9 m dac d AD dAE 10 5 m 6 m 8 m 14 5 mm 6 m 6......
Q:
When an economy dips into a recession, consumers will often be relatively pessimistic about the future for an extended period of time. How will this pessimism affect the speed and strength of the...
A:
Consumer pessimism can have a significant negative impact on the speed and strength of economic recovery When consumers are pessimistic they are more......
Q:
Suppose the amounts presented here are basic financial information (in millions) from the 2014 annual reports of Nike and adidas. Instructions Calculate the accounts receivable turnover and average...
A:
Both companies have the same turnover ratios and average collecti......
Q:
Describe Weber's actor centered social theory. Provide some examples from your life where your knowledge, ideas and values about your world has helped you to challenge traditional structures and...
A:
Weber s actor centered social theory often associated with Max Weber emphasizes the role of individu......
Q:
Design two simple algorithms for bit-stuffing. The first adds bits at the'sender; the second removes bits at the receiver.
A:
Click to View...
Q:
How, if at all, does your answer change if the investments cost $ 500,000? Why? Refer to E11.1. Each of the following three investments costs $ 400,000. Calculate the expected rates of return on...
A:
Expected rate of return on Investmen......
Q:
What is the present value of $ 10,000 five years from today if interest is? A. 10 percent compounded annually? B. 10 percent compounded semiannually? C. 10 percent compounded quarterly? D. Why do the...
A:
a FV 10 000 r 10 c 1 n 5 ANN 0 PV 6 20......
Q:
1) Why did SmithKline management receive the following directive "Not another dollar of profit"? 2) What bases are identified in the article as universally accepted measures for determining the value...
A:
Discussion question the earnings games Everyone plays nobody wins 1 Why did SmithKline management receive the following directive Not another dollar of profit The president Brenda Gavin decided to sel......
Q:
Describe a software application that would require a graph data structure in its implementation. Explain what the vertices and edges of the graph would represent. Would the graph be undirected or...
A:
A software application that would require a graph data structure in its implementation is a social network platform In this context the graph data structure can be used to model the relationships betw......
Q:
Tricia Velasquez wishes to apply NPV analysis to a newly received order. The company's credit terms are net 45 days. Its opportunity cost of funds is 12%. The order dollar amount is $30,000. She...
A:
a Assuming the customer will pay according to the credit terms with perfect certainty Calculate the......
Q:
You are to develop a state diagram for a washing machine. The machine starts when a coin is deposited. It then sequences through the following stages: soak, wash, rinse, and spin. There is a double...
A:
To design a state diagram for washing machine which has the following stages soak wash winse and spi......
Q:
A synchronous transmission system with a 4 s frame duration has a total of 5980 bytes, including 154 bytes of transmission overhead. Calculate the line rate of this transmission system and find the...
A:
To calculate the line rate of the synchronous transmission system and the maximum client data rate y......
Q:
During the current financial year, Angela relocated from Melbourne to Perth and as such sold a number of her assets prior to moving. Details of the assets sold are as follows: Item Melbourne house...
A:
To calculate Angela s capital gains tax CGT for the financial year ending 30 June 2023 we need to de......
Q:
Prepare journal entries to record the following transactions of Recycled Fashion retail store. Recycled Fashion uses a perpetual inventory system and the gross method. Mar. 3 Purchased $1,150 of...
A:
Click to View...
Q:
Which task is performed by a book-keeper? A. Analysing the trading results B. Entering transactions in the ledger C. Preparing year-end financial statements D. Providing information for...
A:
The correct answers is B Explanation An individual engaged to maintain a daily ledger re......
Q:
What are the characteristics of high-quality information in a companys first IFRS financial statements?
A:
When countries accept IFRS for use as accepted accounting policies compa......
Q:
What are the steps to be completed in preparing the opening IFRS statement of financial position?
A:
A company follows these steps 1 Identify the timing of its fi......
Q:
What are the steps to be completed in preparing the opening IFRS statement of financial position?
A:
A company follows these steps 1 Identify the timing of its fi......
Conquering Statistics Numbers Without The Crunch 1st Edition - ISBN: 0738204951 - Free Book