Djjejeejueueieieiiwueueueueueuwueeuwjdjdjdjrjfjjrjf
Answer:
Jerry
<u>$20,589.67</u>
Elaine
<u>$19,352.40</u>
George
<u>$31,443.62</u>
Kramer
<u>$28,022.87</u>
Explanation:
Use following formula to calculate the future value
FV = PV ( 1 + r )^n
Where
PV = Present value = Investment
FV = Future value = ?
r = interest rate per compounding period
n= numbers of compounding periods
Jerry
PV = $11,400
r = 12% x 3/12 = 3%
n = 5 years x 12/4 = 20 periods
Placing values in the formula
FV = $11,400 x ( 1 + 3% )^20
FV = <u>$20,589.67</u>
Elaine
PV = $14,400
r = 6% x 6/12 = 3%
n = 5 years x 12/6 = 10 periods
Placing values in the formula
FV = $14,400 x ( 1 + 3% )^10
FV = <u>$19,352.40</u>
George
PV = $21,400
r = 8%
n = 5 years
Placing values in the formula
FV = $21,400 x ( 1 + 8% )^5
FV = <u>$31,443.62</u>
Kramer
17,400 10 Annually
PV = $17,400
r = 10%
n = 5 years
Placing values in the formula
FV = $17,400 x ( 1 + 10% )^5
FV = <u>$28,022.87</u>
Given that the contrsct that is being made here has been said to be ratified, the contravt can be said to a valid contract.
<h3>What is a valid contract?</h3>
This is a term that is used to refer to a contract that has been found to b e valid and also enforceable.
What makes a contract valid is the fact that there is an expressed offer, and a valid acceptance.
Read more on contracts here: brainly.com/question/5746834
#SPJ1
English depends where you from
Answer:
Cash accounts. The traditional brokerage account is a cash account, which also is known as a Type 1 account. ...
Margin accounts. You don't have to have as much cash on hand to buy stock when you open a margin account. ...
Options. ...
IRAs and other retirement accounts.
Explanation: