Suppose that you want to earn 9,281.25 after 27 months and you have 75,000. At what rate

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

Question:

Suppose that you want to earn ₱9,281.25 after 27 months and you have ₱75,000. At what rate should you invest the said amount?
A. 5.25%
B. 5.50%
C. 5.75%
D. 11.50%

Related Book For answer-question

Elementary Statistics

ISBN: 978-0321691231

8th edition

Authors: Neil A. Weiss

See More Books

Posted Date: Feb 03, 2021 10:05 AM

See More Questions

Suppose that you want to find a 95% confidence interval based on independent samples for the difference between two population proportions and that you want a margin of error of at most 0.01. a....
Suppose that you want to take a photograph of your self as you look at your image in a flat mirror 2.5m away. For what distance should the camera lens be focused?
You want to buy a car by taking out a 3 year loan for $15,000 with a 7% interest rate. C-Suppose that you have the option to buy the car with a 3 year car loan or lease the car during the same period...
tell us about a product or service that has been a hit by changing the product's target or the company's position. And why do you think it worked
Solve the following proportions for the unknown quantities 625:f:500 = g:3:4
Dry Supply is a wholesaler of dry cleaning equipment, cleaning supplies, and laundry soap. This company is located in Kansas, it has been in business for over 50 years. Anne Schippel, is a business...
George Oppenheimer, an agent for Wellington Farms of Massachusetts, Inc., had contacted Mark Kiriakou from the Capital Area Food Bank regarding an order for frozen turkey meat. In an exchange of...
Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One product, called a Liftmaster, is assembled from four components: a...
A country produces good X using labor (L) and capital (K), and good Y using L and land (T). Unfortunately they suffer an earthquake in a major city and some of their capital stock is destroyed. a)...
Solve Prob. 411 using singularity functions. Use statics to determine the reactions. Prob. 411, A simply supported beam loaded by two forces is shown in the figure. Select a pair of structural steel...
Consider the sequenece X = (rn), where r ER, which generates the Geometric Series n=0 Show that converges to 2 if r < 1 n=0 p=1+r+r +...+p +... n=0 72
3. Big O running time of the following program fragments. (a) for (i =0; i < n; i++) (b) } for (j = 0; j
How far should a spring with a spring constant of 250 N/m be stretched in order to store 40.0 J of energy?
what technique do you use to prevent one attribute from dominating the others?
Describe the Processor and VMM's behavior when a guest VM executed "HLT"?
What is f "(x) if f(x) = xcos(x)?
In a two asset portfolio, if the corrleation between the assets is less than one then ______ a.) portfolio sd equals weighted average risk b.) portfolio sd is less than weighted average risk c)...
You've been asked to take over leadership of a group of paralegals that once had a reputation for being a tight-knit, supportive team, but you quickly figure out that this team is in danger of...
a. Obtain the quartiles. b. Determine the interquartile range. c. Find the five-number summary. 1, 2, 3, 4, 5, 1, 2, 3, 4, 5
The Quinnipiac University Poll conducts nationwide surveys as a public service and for research. This problem is based on the results of one such poll conducted in May 2008. Independent simple random...
The area under the density curve that lies to the right of 15 is 0.324. What percentage of all possible observations of the variable a. Exceed 15? b. Are at most 15?
Figure 7.33 shows a thin-walled glass of milk, which is taken out of the refrigerator at a uniform temperature of $3^{\circ} \mathrm{C}$ and is placed in a large pan filled with hot water at...
The junction of a thermocouple can be approximated as a sphere with a diameter of $1 \mathrm{~mm}$. As shown in Figure 7.32, the thermocouple is used to measure the temperature of a gas stream. For...
Figure 7.46 represents the temperature dynamics of two adjacent objects, where the thermal capacitances of the objects are $C_{1}$ and $C_{2}$, respectively. Assume that the temperatures of both...

Suppose that you want to earn 9,281.25 after 27 months and you have 75,000. At what rate

Question:

Expert Answer:

Elementary Statistics

Students also viewed these mathematics questions