1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olenka [21]
2 years ago
11

What will be the amount accumulated by each of the given present investment? (a) (a) $5,500 in 10 years at 9% compounded semiann

ually. (b) (b) $12,500 in 15 years at 8% compounded quarterly. (c) (c) $13,600 in seven years at 6% compounded monthly.
Business
1 answer:
Softa [21]2 years ago
6 0

Answer:

Explanation:

Giving the following information:

For each of the following investments, we need to use the following formula:

FV= PV*(1+i)^n

(a) $5,500 in 10 years at 9% compounded semiannually.

i= 0.09/2= 0.045

n= 10*2= 20

FV= 5,500*1.045^20= $13,264.43

(b) $12,500 in 15 years at 8% compounded quarterly.

i= 0.08/4= 0.02

n= 15*4= 60

FV= 12,500*(1.02^60)= $41,012.88

(c) $13,600 in seven years at 6% compounded monthly.

i= 0.06/12= 0.005

n= 7*12= 84

FV= 13,600*(1.005^84)= $20,677.03

You might be interested in
What can the publishing industry learn from the music industry?
damaskus [11]

Answer:

Simply and shortly, the only thing that the Publishing Industry can learn from the Music Industry is that you either Adapt or you Perish.

Explanation:

The music labels and record labels were reluctant to turn towards online platform based music stores and eventually when apple and the android released their iTunes and play store platforms just for the music, the whole industry business model changed and went online and the traditional music stores went to decline.

the online business model was not embraced by the traditional music stores and they paid the price for it.

Today, we see an increasing growth of E books and online publishing of books, journals, news papers, tabloids and magazines. The publishing industry will have adapt for this.

8 0
3 years ago
Customers who owned Nintendo’s 8-bit video game console were unable to play the same games on the firm’s new 16-bit Super Ninten
Gala2k [10]

Answer:

I would choose B. But im not 100% sure.

Explanation:

5 0
3 years ago
Read 2 more answers
Which of the following fiscal policy action would cause the economy to contract?
maksim [4K]
<span>This is a tricky question, because most of the answers provided are correct. For instance, by raising taxes, the government drops down the demand rates, as well as by decreasing the money supply (in that case, it also prevents economy from falling into an inflating situation). As for balancing the budget, this economical move entails decreasing the public expenditure and, therefore, contracting the demanding economical figures too. </span>
4 0
2 years ago
Adam borrowed money to buy a new car. The bank now has a lien on the car. What could happen if Adam doesn't make his payments on
larisa [96]
The correct answer is A The bank could sell the car.
The bank could take back the car and sell it to recover its money.

6 0
3 years ago
Read 2 more answers
The employees of an information technology company complain that the company has been spending a lot of funds in wasteful activi
Oksanka [162]

Options:

A. Public prosecutor

B. Government Accountant

C. Internal auditor

D. Public accountant

Answer: C. Internal Auditor.

Explanation: An Auditor is a professional whose main responsibility is to evaluate processes or systems in order to determine and expose areas where losses or failures are taking place in order to mitigate or correct these losses and failures. There are two types of Auditors, which includes INTERNAL AUDITOR (An Auditor employed by a firm to continuously audit its processes,accounts or system) and EXTERNAL AUDITOR(An Auditor contracted from external bodies in order to audit a firm).

4 0
3 years ago
Other questions:
  • Which tasks are common to all Energy pathways?
    5·1 answer
  • The approved time-phased budget against which project execution is compared and deviations are measured for management control i
    12·1 answer
  • Which of the following is a a form of ownership in which each owner of stock in a cooperative apartment building or housing corp
    6·1 answer
  • In Firm A, each division is a self-contained, largely autonomous entity with full responsibility for its own value creation acti
    8·1 answer
  • Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and t
    6·1 answer
  • Who are angel investors? Give some characteristics and discuss their motivations, etc.
    12·1 answer
  • The GDP price index is multiple choice 3 computed for each industry sector. a measure of the price of a specified collection of
    14·1 answer
  • Ayuda por favor, el que no sabe no responda o los reporto.​
    6·1 answer
  • Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was qui
    14·1 answer
  • How To Get To London Southend Airport Taxi?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!