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geniusboy [140]
3 years ago
10

The daily interest multiplier for a savings account paying 2% annual interest for 180 days

Business
1 answer:
kolezko [41]3 years ago
5 0

Answer:

$5,050.25  

Explanation:

The daily interest multiplier has already been stated to reflect interest earned over a 180-day investment timing horizon, hence , in order to determine the compound of $5,000 saved for 180 days, we simply multiply the daily interest multiplier for 180 days by the actual amount saved as shown below:

FV=PV*interest multiplier

FV=future value=amount in the savings account after 180 days=the unknow

PV=the amount placed in savings account= $5,000

interest multiplier= 1.010050

FV=$5,000* 1.010050

FV=$5,050.25  

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I (allowed) and IV (not considered soft dollar compensation)

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4 0
4 years ago
the common sotkc of Ubees is currently sold at $26.35 per share, and it just a divident of $1.00 last year. The flotation costs
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Answer:

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3 years ago
Company ABC operates a nail salon that specializes in artificial nails. It has two primary __________, women who get their nails
sladkih [1.3K]

Answer:

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CHECK THE COMPLETE QUESTION BELOW;

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