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Tatiana [17]
3 years ago
6

Adam plans to invest $1500 today in a mutual fund. if he earns 12 percent interest compounded monthly, to what amount will his i

nvestment grow in 20 years? use a financial calculator to make the calculation.
Business
1 answer:
konstantin123 [22]3 years ago
4 0
Starting amount is $1,500, 12% interest that compounds monthly and it will grow over a period of 20 years. Using a calculator it comes out to a total of <span>$16,339.07</span>
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When a full set of general purpose financial statements is presented, comprehensive income and its components A. Appear as part
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Answer:

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3 years ago
Shondee Corporation uses the lower of cost or market and FIFO inventory methods. At the end of 2018, the FIFO cost of the ending
Assoli18 [71]

Answer:

reported as income for all three years   is $7,000

Explanation:

given data

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to find out

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solution

we get here Income per year that is

Income per year = (Value under FIFO Method - Value Under Cost Method ) ÷ Number of year      ..............................1

put here value we get

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