Question: Question 6 ( 1 point ) How many months will it take $ 6 3 9 to grow to $ 8 9 5 at 8

Question 6(1 point)
How many months will it take $639 to grow to $895 at 8.45% p.a.?
a 42 months
b 4 months
c 57 months
d 5 months
Question 6(1 point) How many months will it take $639 to

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 Accounting Questions!

Q:

Question 6 (1 point) How long will it take an investment to grow from $1,000 to $2,000 if it earns 7.2% compounded monthly? Express your answer in months to 2 decimal places. Your Answer: Answer Page...

Q:

: 2:00:00 Time Taken..0.0 War R. FLIP Question 11 (1 point) How many years will it take you to pay off a loan of $35750 if you make semiannually payments of $6660 and the bank is charging you 7%...

Q:

ONLY ANSWER IF YOU ARE CONFIDENT. Consider a bagel store selling two types of bagels: Cream Cheese Bagels go through "cutting", "cream cheese", and "wrapping" stations, while Veggie Bagels go trough...

Q:

Consider a bagel store selling two types of bagels: Cream Cheese Bagels go through "cutting", "cream cheese", and "wrapping" stations, while Veggie Bagels go trough "cutting", "veggie", and...

Q:

A farmer in Iowa owns 450 acres of land. He is going to plant wheat. Each acre planted with wheat yields $4000 revenue, requires three workers, and requires two tons of fertilizer. Let's assume that...

Q:

Question 6 (1 point) How many ways can you draw a five card hand from a deck of cards if they are all face cards or all even numbered cards? O 12 ( 5 * 20 C5 O 12 65 + 20 C5 52 (5*52 C5 52 C5 + 52C5...

Q:

Question 2 (1 point) How many days will it take for an investment of $5,500 to earn $602.74 simple interest at 13%? Question 3 (1 point)

Q:

Table 2 ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A 18 B A C A 4 D C 8 E B,D 2 F D 6 G E,F 2 What is the critical path? (Show your diagram and calculations) A-C-D-F-G A-B-E-G A-B- A-B-L A-C-D-E-G...

Q:

Table 2 ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A 18 B A C A 4 D C 8 E B,D 2 F D 6 G E,F 2 What is the critical path? (Show your diagram and calculations) A-C-D-F-G A-B-E-G A-B- A-B-L A-C-D-E-G...

Q:

Question 6 (1 point) Consider the interpretation with domain {1, 2, 3), where the extension of A(x) is 1, 2 and the extension of B(x) is 2, 3. Which of the following sentences are true in this...

Q:

Jim Aspenwall, a NASCAR enthusiast, has compiled some key statistics for NASCAR Winston Cup racing tracks across the United States. These tracks range in shape, length, and amount of banking on the...

Q:

Michele Quigg sells homemade knit scarves for $25 each at local craft shows. Her contribution margin ratio is 60%. Currently, the craft show entrance fees cost Michele $1,500 per year. The craft...

Q:

Simplify each of the following, leaving your answer in positive index form. (a) axaa 16d2e (b) (2d 'e) (c) 18g3(g)

Q:

Find the radius of gyration of a plate covering the region bounded by x=3, x=5, y=0, and y=4 with respect to the y-axis.

Q:

Only a small percentage of Fortune 500 companies have female CEOs. One solution to increase the number of women CEOs would be to have co-CEOs, one male and one female. Do you think this would work?...

Q:

Do you feel comfortable being around people with disabilities? Should organizations make special efforts to hire individuals who are disabled? Are organizations that hire workers with disabilities...

Q:

Consider the statement, With the global economy, people around the world are becoming more and more alike, so why be concerned about diversity? Do you agree? Should organizations conduct diversity...