FV = 8250 PV = 5000 I/R = 5% APR compounded monthly PMT = 0 Find number
Fantastic news! We've Found the answer you've been seeking!
Question:
FV = 8250
PV = 5000
I/R = 5% APR compounded monthly
PMT = 0
Find number of years
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
In Exercises find the second derivative of the function. f(x) = x + 3x-3
-
A gas consists of atoms of mass m being in thermodynamic equilibrium at temperature T. Suppose wo is the natural frequency of light emitted by the atoms. (a) Demonstrate that the spectral...
-
(a) Show that ke 2 = 1.44 MeV fm, where k is the Coulomb constant and e is the electron charge. (b) Show that hc = 1240 MeV fm.
-
In February 2010, the U.S. Department of Justice and the UK Serious Fraud Office announced a settlement with Britains BAE Systems PLC to resolve a decade-long investigation into allegations that BAE...
-
On January 1, 2016, Technicians Credit Union (TCU) issued 7%, 20-year bonds payable with face value of $100,000. The bonds pay interest on June 30 and December 31. The issue price of the bonds is...
-
Use the following information about XYZ Plumbing (FY=12/31), a public company with the most recent closing stock price of $4.50, to answer the following three problems: ****** Please find the answers...
-
Click on the correct sentence. QuestionGroup 2 a. This coffee is several hours old it probably tastes like mud. b. This coffee is several hours old, it probably tastes like mud. c. This coffee is...
-
George is a street vendor of chicken wings. He offers them in mild, medium, and flaming varieties, but most customers preter the hottest option. Typically, his sales are comprised of 2 0 % ?mild, 2 0...
-
Question: Mawasem Co. has 1,000 units of inventory with a cost of $30,000 and a net realizable value of $25,000. Assuming the allowance method of adjusting to lower-of-cost-or-net realizable value is...
-
Share-based compensation refers to a form of compensation provided by a company to its employees or executives in the form of equity instruments such as stock options, restricted stock units (RSUs),...
-
1. Jerseys, Inc., currently produces 10,000 jerseys a year for its regular customers and charges $10 per jersey. Jerseys, Inc., has capacity to produce an additional 5,000 jerseys if sales grow in...
-
38 Calculate AG for the reaction HO(1) H+(aq) + OH(aq) at 25C for the following conditions: (a) [H] 1.0 107 M, [OH] = 1.0 107 M (b) [H]=1.0 10-3 M, [OH] = 1.0 10 4 M (c) [H] 1.0 10-12 M, [OH] = 2.0...
-
A 9-week U.S. Treasury Bill maturing for $10,000 is bought at a quoted rate of 4.7%. For the same price, a zero-coupon bond maturing for $41,000 at the end of 16 years is available. Compute the...
-
AB CORPORATION ISSUED THE FOLLOWING 850 COMMON STOCKS PAR VALUE P100 750 PARTICIPATING PREFERRED STOCKS PAR VALUE P100 AT 3% AB CORPORATION DECLARED P100,000.00 DIVIDEND IN 2022.
-
Is it possible for a car traveling on a circular track to have a change in tangential acceleration and no change in centripetal acceleration?
-
Is it possible for a car traveling on a circular track to have angular acceleration, but not centripetal acceleration?
-
A car increases its speed when it is on a circular track. Does the car have centripetal acceleration? How about angular acceleration? Explain.
Study smarter with the SolutionInn App