How much interest was earned by an investment that earns at a rate of 9% compounded semi-annually

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

Question:

How much interest was earned by an investment that earns at a rate of 9% compounded semi-annually for 7 years if the initial investment is at ₱18,000.00?
A. ₱ 15,335.01
B. ₱15,353.01
C. ₱15,535.01
D. ₱ 15,533.01

Related Book For answer-question

Calculus Early Transcendentals

ISBN: 978-0538497909

7th edition

Authors: James Stewart

See More Books

Posted Date: Feb 03, 2021 10:02 AM

See More Questions

A steam turbine receives water at 15 MPa, 600C at a rate of 100 kg/s, shown in Fig. P6.29. In the middle section 20 kg/s is withdrawn at 2 MPa, 350C, and the rest exits the turbine at...
A house that is losing heat at a rate of 80,000 kJ/h when the outside temperature drops to 15C is to be heated by electric resistance heaters. If the house is to be maintained at 22C at all times,...
If oil leaks from a tank at a rate of r (t) gallons per minute at time t, what does 120 r (t) dt represent?
Evaluate the Branding and Positioning Strategy of Cineplex and suggest future directions to pursue to make the business model more solid, more profitable, and less prone to competitive matching or...
Solve the following proportions for the unknown quantities a:58:132 = 38:27:b
Preparing and interpreting the statement of cash flows. Exhibit 15.14 presents a comparative balance sheet and Exhibit 15.15 presents a comparative income statement for Airlines Corporation for 2008...
Ormet Primary Aluminum Corporation, operated an aluminum smelter plant in Hannibal, Ohio. The facility ceased production in October 2013 in order to liquidate its assets after filing for bankruptcy...
American Products is concerned about managing cash efficiently. On the average, inventories have an age of 90 days, and accounts receivable are collected in 60 days. Accounts payable are paid...
e3z (i) Find all the poles of the function f (z) = and plot them on 22(22 +22+2) (ii) an Argand diagram. Hence evaluate the integral of (2) dz, writing your solutions in the form a + jb where a and b...
Times are slow for your company right now and with the rising costs of material and wages, your profits are at an all-time low. Because of this unfortunate situation, you will need to let some...
Refer to the table for Moola below to answer the following questions. Money Supply $ 500 500 500 500 500 Money Demand $ 800 700 600 500 400 percent Interest Rate 2% 3 4 5 6 Investment at Interest...
A Difficult Negative MessageTaking Away Extra Pay Your organization employs far more part-time than fulltime workers. Part-timers are paid hourly, up to 15 hours per week, and full-timers are...
Write a C++ program that ask the user to Enter 3 characters. If they are all small letter, the program output the message "all small" and output the sum of their ascii codes. If the first and the...
Convert the followings from one base to another (you must show the steps as done in classes; two (2) points will be deducted if you don't). 1.a Unsigned 10111012 to a decimal number. Answer: 1.b...
6. Write a Verilog program to design an N-bit rotator that has the following capabilities: (a) parallel load data capability (has priority over rotate) (17 points) (b) rotate right and left by 1-bit...
Consider the tables provided below and answer the following SQL questions: Table 1: Artist Table 2: Track (Traid - means TrackID) traid title 1 Great Big Words 1 This Pretty Planet 2 Cat's in the...
Tree Top Company is a service based company that rents canoes for use on local lakes and rivers. At the beginning of the new year, Tree Top Company decided to carry and sell T-shirts with its logo...
The registrar of a college with a population of N = 4,000 full-time students is asked by the president to conduct a survey to measure satisfaction with the quality of life on campus. The following...
Find the radius of convergence and interval of convergence of the series? a. b. c. (-1)"nx" xm 2n-1 IT
The graph of the derivative f of a function f is shown. (a) On what intervals is f increasing or decreasing? (b) At what values of x does f have a local maximum or minimum? y= f'(x) 0 4
Let a and b be positive numbers with a > b. Let a1 be their arithmetic mean and b1 their geometric mean: Repeat this process so that, in general (a) Use mathematical induction to show that an > an+1...
Consider the two-tank liquid-level system shown in Figure 7.17. The liquid is pumped into tanks 1 and 2 through valves of linear resistances $R_{1}$ and $R_{2}$, respectively. The pressure of the...
The room shown in Figure 7.34 has a heater with heat flow rate input of $q_{0}$. The thermal capacitances of the heater and the room air are $C_{1}$ and $C_{2}$, respectively. The thermal...
Consider the single-tank liquid-level system shown in Figure 7.16, where the volume flow rate into the tank through a pipe is $q_{\mathrm{i}}$. A pump is connected to the bottom of the tank through...

How much interest was earned by an investment that earns at a rate of 9% compounded semi-annually

Question:

Expert Answer:

Calculus Early Transcendentals

Students also viewed these mathematics questions