True, the various online calculators and worksheets can help one to find answers to financial planning and investing question.
Today, the computer application which are programmed to provided the solutions to different level of financial planning and investing question can not be assessed online.
For instance, the MS Excel which was one of the earliest wroksheet can not be used online in form of G.oogle Spreadsheet etc
Therefore, it is true that various online calculators and worksheets can help one to find answers to financial planning and investing question.
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Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the <u> indenture</u> bond.
<h3>What is meant by indenture?</h3>
A legal and binding agreement known as an indenture is frequently related to bond deals, real estate, or bankruptcy. A thorough description of the terms, conditions, and covenants can be found in an indenture.
<h3>Who is bondholder?</h3>
A bondholder is a buyer or the owner of debt instruments, which are frequently issued by governments and enterprises. In essence, bond issuers are borrowing money from bondholders. When bonds mature, bondholders are reimbursed for their initial investment, or principle.
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Answer:
End of year 3: $677.85
Explanation:
If the interest rate is annual effective:
Year 0 (now): $100
In a year from now I will have:
End of Year 1: $100*1,075= 107.5
Then I put $200 more, i will have $307.5
Begging of year 2: $307.5
In two years from now I will have:
End of year 2: $307.5*1.075= $330.56
Then I put $300 more, i will have $660.56
Begging of year 3: $660.56
In three years from now i will have:
$660.56*1,075= $677.85
End of year 3: $677.85
