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
FromTheMoon [43]
4 years ago
9

A $1000 deposit is put into a savings account. Which of the following compounding frequencies will ensure highest interest earne

d in 5 years?
Business
2 answers:
miskamm [114]4 years ago
6 0
The answer is annually.
Ksju [112]4 years ago
5 0

Answer:

monthly, but if it's over 7YEARS, then annually

You might be interested in
Question 3(Multiple Choice Worth 5 points)
GenaCL600 [577]

Answer:

Money need for  one-year's tuition (A) = $11,590 (Approx)

Explanation:

Given:

Initial value (P) = $10,000

Annual rate of inflation (r) = 3% = 0.03

Time taken = 5 years

Find:

Money need for  one-year's tuition (A)

Computation:

A=p[1+r]^n\\\\A=10,000[1+0.03]^5\\\\A = 11,592.7407

Money need for  one-year's tuition (A) = $11,590 (Approx)

6 0
3 years ago
Assume Sheryl Jenkins wants to accumulate $ 13,241.39 in two years. She currently has $ 10,621.36 to invest. What interest rate
WITCHER [35]

Answer: 11.65%

Explanation:

The $13,241.39 is a future value amount as it is what is to be accumulated in 2 years.

Future value formula therefore applies:

Future value = Current value * ( 1 + interest rate) ^ no. of years

13,241.39 = 10,621.36 * ( 1 + i) ²

(1 + i)² = 13,241.39 / 10,621.36

(1 + i)² = 1.24667556697

1 + i = √1.24667556697

i = 1.116546267 - 1

i = 11.65%

8 0
3 years ago
What are some questions to ask a clerk in the dispatch office?
11111nata11111 [884]

What should be the qualities of dispatch clerk? What experience do you have when it comes to discussing our recently posted DISPATCH CLERK position? Our field is always changing. As such, what have you done with regards to personal development when it comes to a DISPATCH CLERK POSITION in the last 12 months?

I don't know if that will help. Could you rephrase your question if it doesn't please.

5 0
4 years ago
A study has been conducted to determine if one of the departments in Mary Company should be discontinued. The contribution margi
strojnjashka [21]

Answer:

It is better to continue

Explanation:

Did my research

5 0
3 years ago
In a negotiation, to allow for concessions, the expectations expressed in the seller team's opening position should be:
ser-zykov [4K]

In a negotiation, to allow for concessions, the expectations expressed in the seller team's opening position should be higher than its target position

Option B

<u>Explanation: </u>

Negotiation is a political dialogue that addresses a problem in a way acceptable to both sides. That group tries in a discussion to convince the other to adhere to its views. Both parties involved tend not to argue, rather seek to find some kind of agreement by mediation.

Talks require others, so that one side is always in the forefront of the talks. Nevertheless, even when the concession is marginal, the other should surrender.

Negotiation parties can differ. These may include negotiations between purchasers or even between the government of several or more nations, employers and future employees.

6 0
4 years ago
Other questions:
  • Affiliate marketing is _____.
    5·2 answers
  • Which of the following are examples of a firm experiencing positive technological​ change?a. A firm is able to cut each​ worker'
    7·1 answer
  • HELP!!!!
    14·2 answers
  • Consider the following scenario:Suppose that Sharon has just finished smoking a cigarette and is thinking about throwing the cig
    14·1 answer
  • Which of the following is a way developing nations are trying to raise living standards? A. Return to traditional ways of farmin
    11·2 answers
  • What was the ratio of per capita income in each of the following countries to that in the United States in the year 2010:
    8·1 answer
  • Why would a company choose to work through intermediaries when selling products in a foreign country?
    13·1 answer
  • Laws represent the standards of ________ behavior.
    13·1 answer
  • When the issuer proposes to call bonds at the call price plus the interest payments that were not received which are inflation a
    10·1 answer
  • Archer, in Chicago, wrote to Ganze in New York City offering to purchase her antique car. When she received the letter, Ganze ma
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!