What is the FUTURE VALUE of $1,000 invested for 8 years at 4% with SEMI-ANNUAL Compounding rounded

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

Question:

What is the FUTURE VALUE of $1,000 invested for 8 years at 4% with SEMI-ANNUAL Compounding rounded to the nearest penny?

Related Book For answer-question

Fundamentals Of Financial Management

ISBN: 9781111795207

11th Edition

Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston

See More Books

Posted Date: Mar 07, 2024 01:17 AM

See More Questions

For each problem, show your work steps. A correct answer with no work shown gets half credit (which means you fail the assignment). An incorrect answer with no work receives 0 credit. With time value...
What is the future value of $1,101 invested for 9 years at 7 percent compounded annually? 2. What is the present value of $18,664 to be received 7 years from today if the discount rate is 7 percent?...
Wilmington Investments, LLC leased a building from Baker Properties, Inc. The sole shareholder of Baker Properties, Inc. is Joe Baker. During Hurricane Louisa, the building was damaged and flooded....
Create the Control Panel interface that has the following 3 methods: public int warningLevel (); public String status (); public boolean isok (); Write 2 public static methods 1) Write a public...
Compute the missing amount represented by X in each account: Accounts Receivable R. Glennie, Capital 22,000 Bal. XBal. 21,800 55,100 15,000 B. 47,000 56,000 Bal. 73,000
Explain why a p- or c-chart is not appropriate for highly conforming processes.
What is the purpose of timelines in an investigation?
The following data were drawn from the records of Kersten Corporation. Planned volume for year (static budget) ......6,000 units Standard direct materials cost per unit ......3.1 lbs. @ $1.50 per...
. Imagine you have an on-premises eCommerce site for a small local jewelry store. . The jewelry store sells rings, watches, necklaces and bracelets. . Review Amazon Web Services, Microsoft Azure and...
Now that you have put together the pieces of your project, you are being asked by the CEO to present this information to the board. From: PM To: Project Team CC: CEO/CIO The CEO has requested a...
What is meant by coverage rate?
What costs can arise due to effects on nature and natural resources?
What are the two ways of calculating added value?
What are the four basic types of economic agent?
What are the elements of management systems?
EIGHT families from the \'orang asli\' (aboriginal) community in Kampung Bukit Jenuk, Dengkil, were thrilled when they were presented with newly built wooden homes. Life will be different for them...
In your audit of Garza Company, you find that a physical inventory on December 31, 2012, showed merchandise with a cost of $441,000 was on hand at that date. You also discover the following items...
What is an equivalent annual annuity (EAA)? When and how are EAAs used in capital budgeting?
Would each of the following increase, decrease, or have an in determinant effect on a firms break-even point (unit sales)? a. The sales price increases with no change in unit costs. b. An increase in...
Begin by taking a look at the historical performance of the overall stock market. If you want to see, for example, the performance of the S&P 500, select INDICES and enter S&PCOMP. Click on...
If price moves from disequilibrium to equilibrium, what happens to the combination of producer and consumer surplus in the market?
Why does nearly every purchase you make provide you with consumer surplus?
The chapter frames the issue of the effects of taxation in terms of its effects on producer and consumer surplus. a. What does that framework leave out of the analysis? b. How might one frame the...

What is the FUTURE VALUE of $1,000 invested for 8 years at 4% with SEMI-ANNUAL Compounding rounded

Question:

Expert Answer:

To calculate the future value of an investment with sem... View the full answer

Fundamentals Of Financial Management

Students also viewed these accounting questions