Today, Thomas deposited $190.000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value

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

Question:

Today, Thomas deposited $190.000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value of the CD?

Multiple Choice

$370.698

$270.894

$207100

$340.908

Present and future value tables of $1 at 3% are presented below.

Posted Date: Apr 07, 2022 11:44 PM

See More Questions

What is the maturity value of $5000 invested at 6.0% compounded semiannually for seven years?
What is the maturity value of a $12,000 loan for 18 months at 7.2% compounded quarterly? How much interest is charged on the loan?
What is the maturity value of a five-year term deposit of $5000 at 3.5% com- pounded semi-annually? How much interest did the deposit earn?
1. Give the format of HTTP request message. 2. Give the format of HTTP response message.
The auditor should assess control risk for each relevant assertion by evaluating the evidence obtained from all sources, including a. The auditors testing of controls for the audit of internal...
Abduls utility function is given by UA = MA2/MB Where MA is Abduls wealth level and MB is Benjamins wealth level. Benjamins utility function is given by UB = MB2/MA Suppose MA = MB = 10 initially,...
On January 1,2010, you borrowed $10,000 on a five-year, 8% note payable. At December 31,2010, you should record a journal entry that includes which of the following? a. Note Payable of $10,000 b....
Knight Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2014. Requirements 1. Use the information to prepare a schedule of cost of goods manufactured. 2....
1. Partial Derivatives. For each of the following multi-variable functions, compute the partial derivatives with respect to both x and y. a. f(x, y)=xy b. f(x, y)=2x+3y c. f(x,y) = xy' d. f(x, y)...
A base band digital transmission system that sends A-valued rectangular pulses through a channel at a rate of 20,000 bps is to achieve an error probability of 10 -6 . If the noise power spectral...
18 1234 4 3 Month 1 Month 2 5 Month 3 6 Month 4 7 Month 5 8 Month 6 9 Month 7 10 Month 8 11 Month 9. 12 Month 10 19 20 21 22 23 24 25 26 27 28 29 . th . A . x fx B Selling Price $3 $6 $7 4 $1 545453...
Use G = 6.674 10-11 N m/kg to answer below questions. a. Evaluate the gravitational potential energy between two 5.00-kg spherical steel balls separated by a center-to-center distance of 14.3 cm....
Python Programming CSE111 (Chemistry.py) #Somebody should help me with my code, I think something is wrong with the indentations. def main(): #Get a chemical formula for a molecule from the user....
Exposure of products to customers and spreading of "power" items Also called assembly lines Aesthetics and privacy are important features Ship building, bridge construction, etc. 1 . Retail layout 2...
Explain the controversy that surrounds Borderline Personality Disorder, citing research.
When multiple modifiers are applied to one CPT code, how do you determine the correct sequencing of the modifier codes?
In the Winter v. Gardens Regional Hosp. & Med. CTR, 2020 case who are the parties to the lawsuit and what is their dispute. What is the basic legal question regarding what specific provision of law...
Using Apple, demonstrate how the differentiation strategy can be well implemented.
Which of the following questions would an auditor ask while auditing accounts receivable to add value to an audit? a. Are accounts receivable pledged? b. Are customers satisfied with your billing...
What are some inquiries an auditor can make when examining the long-term debt account to add value to the audit?
Beta, Inc., is an affiliate of an audit client and is audited by another firm of auditors. Which of the following is most likely to be used by the auditor to obtain assurance that all guarantees of...

Today, Thomas deposited $190.000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value

Question:

Expert Answer:

Future value Present Value x 1 Rate of interest Number of periods When int... View the full answer

Students also viewed these accounting questions