Question: please make sure your answers are correct 10. [-/1 Points] DETAILS BRECMBC9 11.11.008. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER cent. Calculate the present value

please make sure your answers are correct

10. [-/1 Points] DETAILS BRECMBC9 11.11.008. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER cent. Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest Compound Term of Nominal Interest Present Compound Amount Investment Rate (%) Compounded Value Interest $400,000 10 years annually $ S Need Help? Read It 11. [-/1 Points] DETAILS BRECMBC9 11.11.012. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The following investment requires a table factor for a period beyond the table. Calculate the new table factor and the present value (principal). Use Table 11-2. Round your new table factor to five decimal places and your present value to the nearest cent. Compound Term of Nominal Interest New Table Present Value Amount Investment (years) Rate (%) Compounded Factor $37,000 36 annually S Need Help? Read It

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Good Times Inc. has current sales of $7,500 (in millions), an operating ratio of 6%, a capital requirement ratio of 45%, a tax rate of 40% and a corporate cost of capital of 8%. Under new management...

please make sure your answers are correct 12. [-/1 Points] DETAILS BRECMBC9 11.11.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use Table 11-2 to solve the problem. The requirement for computer...

just need answers. thank you 10. [-/1 Points] DETAILS BRECMBC9 10.11.016. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use the ordinary interest method to compute the time (in days) for the loan. Round...

10. [-17.14 Points] DETAILS BRECMBC9 11.11.008. MY NOTES ASK YOUR TEACHER Calculate the present value (principal) and the compound interest in $). Use Table 11-2. Round your answers to the nearest...

Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal Period (years) Compound Amount Compound Interest...

9. [-/1 Points) DETAILS BRECMBC9 12.11.019.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Kyla wants to have an annuity deyment of $400, at the end of each six months. Use the appropriate formula to...

just need answers.... thank you 13. [-/1 Points] DETAILS BRECMBC9 10.11.035.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose you take out a loan for 160 days in the amount of $14,000 at 7%...

Can you please help me. I do not understand these questions. The questions are #1-9. PLEASE PLEASE I DO NOT HAVE ANY OTHER MATERIAL OF REFERENCE INFORMATION!! ALL THE INFORMATION YOU NEED IS DOWN...

thank you very much AGF 16. [-/1 Points] DETAILS BRECMBC9 10.111.004. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the bank discount and proceeds (in $) for the simple discount note. Use the...

Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal Time Period (years) Nominal Rate (%) Interest...

An anti-anxiety medication is tested in a clinical trial using a factorial design. Specifically, 20 participants were randomly assigned to receive either active drug or placebo. These two conditions...

The test scores on a 100-point test were recorded for 20 students: a. Use an appropriate graph to describe the data. b. Describe the shape and location of the scores. c. Is the shape of the...

A forward contract usually traded on a market exchange. Select the correct response: True False

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...