What amount invested today would grow to $10,000 after 25 gears if the investment earns a. 4%

Question:

What amount invested today would grow to $10,000 after 25 gears if the investment earns

a. 4% compounded annually?

b. 4% compounded semiannually?

c. 4% compounded quarterly?

d. 4% compounded monthly?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

See More Books

Question Posted: Oct 21, 2020 05:48 AM

See More Questions

What amount invested today would grow to $10,000 after 25 years, if the investment earns: a. 8% compounded annually? b. 8% compounded semiannually? c. 8% compounded quarterly? d. 8% compounded...
what amount invested today will amount to $13,69513 in two years if the interest rate is 42 compounded monthly for the first year and 5 compounded daily for the second year
Assume that you have applied for a job with a bank. As part of the banks evaluation process, you have been asked to take an assessment that covers several financial analysis techniques. For each...
Figure 6.6 shows the derivative g'. If g(0) = 0, graph g. Give (x, y)-coordinates of all local maxima and minima. -g'(x)- 2 6. -1 Figure 6.6 5
A 2 m3 insulated rigid tank contains 3 kg of carbon dioxide at 110 kPa. Now paddle wheel work is done on the system until the pressure in the tank rises to 127 kPa. Determine (a) The entropy change...
Expected return - D 0 = $3.00, P 0 = $45, g = 2.0% Required Return - r rf = 2%, r m = = 10%, b= 0.9 With that background in mind, address the following questions. a) Is this stock in equilibrium?...
Consider the simple linear regression model fit to the weight and blood pressure data in Problem 2.10. Problem 2.10 The weight and systolic blood pressure of 26 randomly selected males in the age...
Dorina Company makes cases of canned dog food in batches of 1,000 cases and sells each case for $15. The plant capacity is 50,000 cases; the company currently makes 40,000 cases. DoggieMart has...
For example, if you have two objects, one with weight 5 and one with weight 7, you can measure items of weight 5, 7, or 12. You can also measure items of weight 2, by placing 7 on one side and 5 on...
More than half of all residential water connections in Britain are not metered. Residential customers pay a flat fee regardless of usage. Scottish Water, which supplies water in Scotland, says there...
How much would an investor need to deposit today into an investment earning 3.75% compounded quarterly if her goal is to have a total of $35,000 in eight years from now?
A two-payment stream consisting of $1750 due today and $2900 due in 18 months is to be replaced by an economically equivalent stream comprised of an undetermined payment due in 9 months and a payment...
Tammy, a resident of Virginia, is considering purchasing a North Carolina bond that yields 4.6% before tax. She is in the 35% Federal marginal tax bracket and the 5% state marginal tax bracket. She...
What does the following functions do? a. int mystry (struct node* head) { int count = 0; } b. struct node* current = head; while (current != NULL) { count++; current = current->next } return (count);...
Like any human undertaking, projects need to be performed and delivered under certain constraints. Use a project that you are familiar with and discuss the triple constraints that the project was...
I want us to explore different tools we may use and why. Using either a past project or one you have researched for this course, identify at least one quantitative tool and one qualitative...
Discuss how both motivation and a lack of motivation can impact different criminal justice organizations. What theories can be utilized to explain how criminal justice leaders can better motivate...
1. According to the case, which BlackBerry division seemed to have "potential"? BlackBerry Division Research and Development Division Security Enterprise Division All of the answers are correct. None...
Why is it a nontax advantage for corporations to be able to trade their stock on the stock market?
Solve the relation Exz:Solve therelation ne %3D
Does income affect the way Americans choose which party to support? Conduct a statistical procedure to determine whether there are differences in income (RINCOME) between some or all of the eight...
Each year the Internal Revenue Service of the United States issues a migration report that shows how many tax filers moved from one state to another. In an effort to answer the question of why so...
There is no single definition of the middle class in the United States. For the purposes of analyzing the data from the Survey of Consumer Finances we have defined middle class on the basis of net...
The first video I have for your discussion is "Shock and Awe:The Story of Electricity" Part 1 is called "Spark"It runs from 0:00 to about 58 min, on the following link....
Find the present value of a 1 0 - year annuity of $ 8 0 0 0 per annum, given the interest rate of 6 % for the first year, 7 % for the second year, 8 % for the third year, 9 % for the fourth year, and...
The management accounting team of XYZ plc also came up with some questions and requested you to explain/answer them for the upcoming board meeting: 1. A chain of XYZ plc, BHealthy Ltd is a wholesale...

What amount invested today would grow to $10,000 after 25 gears if the investment earns a. 4%

Question:

Step by Step Answer:

Given a b c d i 4 ...View the full answer

Fundamentals Of Business Mathematics In Canada

Students also viewed these Mathematics questions