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
velikii [3]
3 years ago
11

Sarah invests $2,700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance i

n her account five years from today. Identify the correct keystrokes to be used in a financial calculator to determine the total balance.
Business
1 answer:
nata0808 [166]3 years ago
3 0

Answer:

In any financial calculator, all Sarah has to do is to determine the value of the interest rate, the number of compounding periods, and the present value of the investment, and plug in these figures in the software.

For this case, the values are:

Interest rate: 6% compounded annually.

Number of compounding periods: 5 years.

Present value of the investment: $2,700.

You might be interested in
Researchers asked homeowners for permission to install a large, poorly lettered sign in their front yards. only 17 percent of th
Aleonysh [2.5K]
The answer in this question is the foot-in-the-door phenomenon which is the first one in the choices. The results of this experiment that the researchers conducted support the foot-in-the-door phenomenon. The foot-in-the-door phenomenon is one that is supported by the result of this experiment.
3 0
3 years ago
Lyn files a suit against karl. karl denies lyn charges and sets forth his own claim that lyn breached their contract and owes ka
Whitepunk [10]
Karl's claim is a counter claim against lyn
8 0
4 years ago
What are the 3 psychological states reviewed in class that may improve engagement in the workplace?
Masteriza [31]

Answer:

Experienced meaningfulness: This is a positive psychological state that will be achieved if the first three job dimensions—skill variety, task identity, and task significance—are in place. All three dimensions help employees feel that what they do is meaningful.

3 0
2 years ago
What are the different types of banking institutions
Otrada [13]

Central Banks, Retail Banks, Commercial Banks, Shadow Banks, Investment Banks, Cooperative Banks, Credit Unions.

5 0
3 years ago
The capital and financial account is the record of​ _____ minus us investment abroad.
Charra [1.4K]

Answer: The capital and financial account is the record of​ the United States minus us investment abroad.

Explanation: This account will record the balance of all payments for a country's international transactions with the rest of the world. The transactions are recorded in two different accounts, the current account and the capital and financial account.

5 0
3 years ago
Other questions:
  • Which of these transactions occurring in 2011 would contribute to gdp for 2011?
    14·1 answer
  • Bruce Church, Inc. is a company engaged in extensive commercial farming in Arizona and California. A provision of the Arizona Fr
    12·1 answer
  • U.s. currency is part of
    12·1 answer
  • Your boss has asked you to post a message on the company's internal blog, urging everyone in your department to donate money to
    11·1 answer
  • Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were​ 45%
    8·1 answer
  • Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses
    12·1 answer
  • On November 1, Arvelo Corporation had $40,500 of raw materials on hand. During the 9) month, the company purchased an additional
    9·1 answer
  • The largest expenditure component of gdp is:
    12·1 answer
  • Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances i
    9·1 answer
  • question content area the operating expense recorded from uncollectible receivables can be called all of the following except a.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!