What amount must you invest in an account that earns 6.8% compounded quarterly if you want to
Question:
What amount must you invest in an account that earns 6.8% compounded quarterly if you want to have $9500 after 5 years?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
S 9500 n 5...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
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Mathematics questions
-
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...
-
1. As the beneficiary of a life insurance policy, you have two options for receiving the insurance proceeds. You can receive a lump sum of $200,000 today or receive payments of $4,000 every quarter...
-
An investor deposits $10,000 in an account that earns 3.5% interest compounded quarterly. The balance in the account after n quarters is given by An = 10,000(1 + 0.035/4)n, n = 1, 2, 3, . . . (a)...
-
Kevin Steven opened a small tax-preparation service. Steven Tax Services trial balance at the end of its second year of operation is as follows. The following information is also available: a. Office...
-
Determine the mass of 1 m3 air (N2: 79% and O2: 21% by volume) at 10 MPa and 160 K, assuming air as a perfect gas mixture.
-
How have the classical approaches of management shaped management in todays organizations? Are any of the classical approaches of management still relevant?
-
What is a core competency? Why is it important for firms to have core competencies?
-
Here are data on $ 1,000 par value bonds issued by Microsoft, GE Capital, and Morgan Stanley at the end of 2012. Assume you are thinking about buying these bonds as of January 2013. Answer the...
-
4.Indicate, by clicking on the relevant boxes, whether the following statements are true or false in relation to business valuation. The earnings yield method and the dividend growth model should...
-
In a nonmagnetic medium, E = 50 cos (10 9 t 8x) a y + 40 sin (10 9 t 8x) a z V/m find the dielectric constant r and the corresponding H.
-
Jenny Reed bought SSX stock for $25 per share. The annual dividend was $1.50 per share, and after 4 years, SSX was selling for $34 per share. (a) What is the return on investment? (b) Find the simple...
-
If $1500 is deposited at the end of each half-year in a retirement account that earns 8.2% compounded semiannually, how long will it be before the account contains $500,000?
-
Add or subtract as indicated. Write answers in lowest terms as needed. 5 9 + 3 16
-
Which of the following markets are likely to be perfectly contestable? Explain your answers. a. Coal mining b. Insurance c. Wind Farms d. Landscaping e. Advertising
-
Write a brief essay explaining the accuracy of this statement: The Beatles were once a monopolistically competitive firm that became a monopolist.
-
Explain whether you agree or disagree with the following statement. If all firms in an industry successfully engage in collusion, the resulting profit-maximizing price and output would be the same as...
-
Consider the following project for Hand Clapper. The company is considering a 4-year project to manufacture clap-command garage door openers. This project requires an initial investment of 10 million...
-
You have just won a million-dollar lottery and will receive $50,000 at the end of each year for 20 years. What is the present value of the 20 annual payments to you today?
-
The risk-free rate is currently 3%, and the market return is 10%. Assume you are considering the following investments. Investment _______Beta A ............................ 1.5 B...
-
Consider the reaction of acetic acid in water CH 3 CO 2 H(aq) + H 2 O(l) CH3CO 22 (aq) + H 3 O + (aq) where Ka 5 1.8 3 1025. a. Which two bases are competing for the proton? b. Which is the stronger...
-
If we use the body temperatures from 8 AM on Day 2 as listed in Data Set 3 Body Temperatures in Appendix B, we get the statistics given in the accompanying table. Use these data with a 0.05...
-
For hypothesis tests that are two-tailed, the methods of Part 1 require that we need to find only the upper critical value. Lets denote the upper critical value by FR, where the subscript indicates...
-
Construct the confidence interval that could be used to test the claim in Exercise 1. What feature of the confidence interval leads to the same conclusion from Exercise 1? Data From Exercise 1: In...
-
Search and locate a current international issue (an issue that affects more than one culture). 1. Describe the issue 2. Define and discuss the two or more cultures involved in the issue 3. Explain...
-
How is ethics defined in research and why is it important? Discuss two different ways in which ethics can be compromised when conducting, using, and reporting data. Describe strategies that can be...
-
I fall into the generation mellineals . What are some characteristics of this generation as far as their work ethics go. Are there characteristics of this generatrion that can affect the way they...
Study smarter with the SolutionInn App