State the function A(t) that gives the accumulated value after time t of a unit investment made
Question:
State the function A(t) that gives the accumulated value after time t of a unit investment made in an account that pays compound interest at 7% per annum. State and interpret the domain and range of this function.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
The accumulation function is given by Since we are lo...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Introduction To Actuarial And Financial Mathematical Methods
ISBN: 9780128001561
1st Edition
Authors: Stephen Garrett
Question Posted:
Students also viewed these Sciences questions
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
-
From the following facts, calculate the correct cost of inventory for Sue Company. Cost of inventory on shelf, $4,500, which includes $280 of goods received on consignment. Goods in transit en...
-
Using the following data, compute the dividend payout ratio. Cash dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,000 Sales...
-
Comment on the following statement: If your computer is connected to an external communication line, anyone with a similar link can potentially access your systems.
-
Jerome M. Eisenberg is an antiquities dealer and a self-proclaimed expert in classical antiquities with a doctorate in Roman, Egyptian, and Near Eastern art. Maurice E. Hall Jr. is an art dealer who...
-
Financial Condition. Write the letters a through o on a sheet of paper. Beside each letter, put a plus (+) if a high or increasing value of the item is generally associated with stronger financial...
-
Business Firms have to experience various types of costs in producing their products or in providing their services. Explain the basis of costs classification as "Direct-Indirect" and...
-
An investment of 200 was made sometime ago into an account that pays compound interest at a rate of 5.6% per annum. If the accumulated amount is now 352.09, determine how long ago the investment was...
-
A bank account offers an interest rate of 4% per annum. Calculate the accumulated value of the following investments made into this account. a. $1 made 10 years ago. b. $200 made 4 years 3 months...
-
Krypton Inc. wants to raise $3 million by issuing 10-year zero coupon bonds with a face value of $1,000. Their investment banker informs them that investors would use a 9.25% percent discount rate on...
-
Discuss the importance of party influence and party unity in Congress. Why have the congressional parties become more ideologically polarized?
-
How do lobbyists try to influence Congress and how has Congress tried to influence / control lobbyists?
-
How do credit agencies like Moody's, Fitch and Standard and Poor's help buyers of bonds with the problem of asymmetric information? What kind of asymmetric problem are they aiming to resolve?
-
In the current pandemic, is deficit spending and interest rate reduction enough? Provide evidence through graphs and equations to the extent possible.
-
A block of mass m = 7, 3kg with initial speed of u, = 12, 5m/s travels a distance d = 11,5m on an =? inclined plane with = 40 and comes to rest. Determine the coefficient of kinetic friction, H = --...
-
Voters in the State of California decide that the tobacco industry is having too great an impact on the outcome of local referenda limiting smoking in public places. To curb the influence of that...
-
Havel says the grocer doesnt believe what is on the sign and indeed, he says the grocers customers will barely notice it. But Havel maintains that the sign serves a specific function. How would you...
-
Trans-2-Butene does not exhibit a signal in the double bond region of the spectrum (16001850 cm -1 ); however, IR spectroscopy is still helpful in identifying the presence of the double bond....
-
As explained previously, the concentration of an alcohol can be selected such that both a broad signal and a narrow signal appear simultaneously. In such cases, the broad signal is always to the...
-
For each of the following IR spectra, identify whether it is consistent with the structure of an alcohol, a carboxylic acid, or neither. a. b. c. d. e. f. 100- 80- 60- 40 20- 0. 2000 4000 3500 3000...
-
An education fund of $20,000 provides a payment of $1000 every six months starting immediately. If the fund balance is not able to pay $1000 at any of the future payment dates, it will pay whatever...
-
The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. a. On July 31, the company's Cash account has a $25,104...
-
Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always produced all of the parts for its engines, including the carburetors. An outside supplier...
Study smarter with the SolutionInn App