Calculate the proceeds of $9000 due in 4 years and 11 months discounted at 8.25% compounded bi-weekly.
Question:
Calculate the proceeds of $9000 due in 4 years and 11 months discounted at 8.25% compounded bi-weekly.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
The proceeds of 9000 due in 4 years and 11 months discounted at 825 compounded ...View the full answer
Answered By
Ravi Tomar
I have 5 years of experience as an Agricultural Economics tutor. During this time, I have been able to successfully provide guidance to students in their studies and help them develop their knowledge and understanding of the subject. My approach to teaching has always been to combine academic learning with practical application, often drawing on my professional experience to help students better understand how the concepts they learn apply to the real world. I also focus on helping students develop critical thinking skills, enabling them to tackle problems independently and develop their own solutions. I have also been able to provide support on specific assignments, helping students to structure their work and ensure that it meets the required quality and standards.
0.00
0 Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
Question Posted:
Students also viewed these Mathematics questions
-
Calculate the proceeds of $5500 due in 7 years and 8 months discounted at 4.5% compounded semi-annually.
-
A 5 year promissory note labelled X, has a face value of $5000, interest of 15% p.a. compounded quarterly and discounted 2 years before the maturity date at 12% p.a. compounded monthly. Find the...
-
Find the present value (rounded to the nearest dollar) of: 1. $55,000 due in 4 years at 6% compounded annually. 2. $15,000 due in 6 years at 4% compounded semiannually. 3. $100,000 due in 5 years at...
-
A wooden bookshelf has external dimensions as follows :Height = 110cm, Depth = 25cm, Breadth = 85cm (see figure). The thickness of the plank is 5 cm everywhere. The external faces are to be polished...
-
Ecologists investigating interactions of two species at a study site first counted individuals of Species A and then removed all Species B individuals. Six months later, the ecologists again counted...
-
You are given a length L of wire and told to form it into a current loop so as to produce the maximum possible emf when the loop is placed in a time-varying magnetic fi eld. You investigate the three...
-
The air/fuel ratio in a petrol engine is controlled by (a) governor (b) injector (c) carburettor (d) flywheel
-
Trans-fatty potato chips are competitively supplied. The supply curve is Demand for these potato chips is QD = 100 2P. a. Compute the equilibrium price, quantity, consumer surplus, producer surplus,...
-
You, as an investor, are offered an investment idea that earns $605.60 in six years if you deposit some amount of money today at an annual 6.50% interest rate compounded semi-annually. How much do...
-
Val Nolan started a business called Nolan's Home Appraisals. The trial balance as of October 31, after the first month of operations, is as follows: REQUIRED 1. Analyze the following adjustments and...
-
Determine m, i, and n for the following. 12.25% compounded semi-annually for 54 months
-
A non-interest-bearing note for $1500 is due on June 30, 2024. The note is discounted at 10% compounded quarterly on September 30, 2020. What are the proceeds of the note?
-
What is the oxidation state of sulfur in the following compounds? (a) S 2 Br 2 ; (b) SCl 2 ; (c) Na 2 S 2 O 3 ; (d) (NH 4 ) 2 S 4 O 6 .
-
The table below shows the share of income received by each fifth of income earners, from lowest to highest, in three hypothetical countries. Country 1 Country 2 Country 3 (lowest) 7 Country 1 Country...
-
1. Present one of the following two interactions: Kant and Anselm, or Descartes and Hobbes. This requires you to present both the argument from Anselm or Descartes and the criticism from Kant or...
-
If the Consumer Price Index rose from 250 to 258 in one year, what was the approximate annual inflation rate for that year? An effective financial plan must be adaptable to changing circumstances....
-
On 1 0 July 2 0 2 2 Coolum Ltd provides some consulting advice to Florida Inc. ( US ) for an agreed fee of US$ 1 million. The amount is paid into the US bank account of Coolum Ltd on 1 0 July 2 0 2 2...
-
A $1,000 bond with a coupon rate of 10% has a required return of 8% and 10 years to maturity. What is the current value of the bond?
-
Prepare journal entries to record the following transactions and events of Kodax Company. 2017 Jan. 2 Purchased 30,000 shares of Grecco Co. common stock for $408,000 cash plus a broker's fee of...
-
Discuss whether responsible human resources management should apply different standards for the home company and suppliers, for developed countries and developing countries, and for large companies...
-
Kenneth borrowed $8100 to buy a car. If interest was charged on the loan at 7.7%, how much interest would he have to pay in 90 days?
-
Lin Yan borrowed $1800 from her parents to finance a vacation. If interest was charged on the loan at 5.2%, how much interest would she have to pay in 220 days?
-
David deposited $1700.00 into a savings account earning interest at 3.4% per annum. After 160 days, how much interest had the deposit earned?
-
What are the main ethical issues that researchers may encounter when conducting business research and how can they address these issues ?
-
How has womens participation in the Olympics changed over the years? Explain
-
What is the Christian view of work according to the God is Not One: The Eight Rival Religions That Run the World.
Study smarter with the SolutionInn App