if you invest $20 in savings account that pays 5% interest, how much money will you have

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

Question:

if you invest $20 in savings account that pays 5% interest, how much money will you have in 4 years if you make no additional deposits

Posted Date: May 19, 2024 12:16 AM

See More Questions

a. Calculate the quick ratio of company B in FY2020. State what factors need to be considered when evaluating company B?s short-term liquidity and analyse the impact of these factors on the...
The data in the following table represent the number of hours of relief provided by 5 different brands of headache tablets administered to 25 subjects experiencing fevers of 38?C or more. Perform...
Graph of the system of inequalities. A toy maker makes two plastic toys, the Ring ( $x$ ) and the Stick ( $y$ ). The toy maker makes $\$ 4$ per Ring and $\$ 6$ per Stick. The Ring uses 3 feet...
In what ways can a CEO affect the management philosophy of his or her entity?
Scuppermong Farms, the lessee, and Tyrrell Equipment, the lessor, sign a lease agreement on January 1, 2007 that provides for Scuppermong Farms to lease a cultivator from Tyrrell Equipment. The lease...
Deffered tax is shown in the balance sheet as: (a) Liability (b) Asset (c) An expenditure in income statement (d) None of these
16 1 point Mr. Mitchell was interested in the effects of music on student performance. At the bottom of his exam, he asked students to circle their favorite type of music: rock, country, or hip-hop....
During a project you are managing, a major disaster shuts down the design facility. What is this type of event called?
Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Assets Balance Sheet Beginning Balance Ending Balance Cash Accounts receivable Inventory Plant and...
MEMORNDUM TO: Bill Bugnay FROM: M. Lasker Please make the GST Remittances (normally monthly) to the Receiver General for November (#2147) now as we will be closed until January 5, 20XX + 1. For...
You wish to add two 4-bit numbers. You have half adders and full adders available to use as components. Draw a block diagram of your 4-bit adder, using both half and full adders. Do not draw a...
Can all users' computer problems be solved with remote help-desk support? Why or why not? After you design and write your help-desk procedures to solve problems, what should you do next? How should...
You suspect that men in town A weigh, on average, more than men in town B, You decide to carry out a study. Suppose the following are the weights (in pounds) of a random sample of men in these two...
Kims Konstructions has assembled the following data for a proposed straw-reinforced brick maker (SRBM): SRBM Cost: $26,000 Life: 5 years Revenue (p.a.) $11,000 Operating Expenses (p.a.) $3,000...
Below are the financial accounts of Dodge Realty, Inc. The company has just completed its 10th year of operations ended December 31, 20x8. Required 1. Prepare the income statement, statement of...
The following are the accounts of Creative Advertising, Inc., an agency that develops marketing materials for print, radio, and television. The agencys first year of operations ended on January 31,...
Southwest Airlines Co. is one of the most successful airlines in the United States. Its annual report contains this statement: We are a company of People, not Planes. That is what distinguishes us...

if you invest $20 in savings account that pays 5% interest, how much money will you have

Question:

Expert Answer:

Students also viewed these finance questions