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
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  

You might be interested in
QUESTION 15 One of the benefits of downsizing is: higher customer satisfaction. improved efficiency. a more loyal and productive
agasfer [191]
Improved efficiency.

A study shows that downsizing lowered customer satisfaction -
Another study shows that downsizing increased efficiency, but nothing of employee productivity.
5 0
2 years ago
Why i s visionary management important
tatuchka [14]
So u kan axtualy see and grasp whats going on and what u doing
6 0
2 years ago
Read 2 more answers
Provided service to srijana store and received cash Rs 5000.<br>​
Artist 52 [7]

Answer:

what we want to tell about ?or your question is not proper type it full and proper .

I can't understand what you want to ask ?

6 0
2 years ago
Parton Co. is a car manufacturing company that wants to hire a new product manager. Senior management decides to have the depart
gayaneshka [121]

Answer:

panel interview

Explanation:

Based on the information provided within the question it can be said that this is an example of a panel interview. This is a type of interview in which a group of individuals all ask questions to the potential candidate. This group of individuals then analyzes the question and make a group decision as to whether or not they will hire the individual for the job.

7 0
3 years ago
According to the Census Bureau, in October 2016, the average house price in the United States was $27,258. 6 years earlier, the
krek1111 [17]

Answer:

Annual increase is $1,108.4

Explanation:

In 2016, average price was $27,258.6

In 2010, average price was $20,608

Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6

Annual average increase = $6650.6/6 = $1,108.4

5 0
3 years ago
Other questions:
  • When an employee does the work necessary to remove physical dirt or food residue from a surface, that is referred to as?
    11·1 answer
  • Joe works for a company that has a traveling sales force. The company has asked Joe to research a way for the sales force to hav
    14·1 answer
  • Tracy's is a chain of hair dressing salons for women. they use television, magazines, radio, and newspapers to advertise their s
    9·1 answer
  • The only income Ramon needs to report on his Schedule C is his income from Form 1099-K, Payment Card and Third Party Network Tra
    9·1 answer
  • Give brief definitions of the following concepts: Game theory, cooperative equilibrium, noncooperative equilibrium, dominant str
    11·2 answers
  • A man buys a racehorse for ​$20 comma 00020,000 and enters it in two races. He plans to sell the horse​ afterward, hoping to mak
    11·1 answer
  • HELPPPPP
    14·2 answers
  • A decline in interest rates is expected to __________.
    13·2 answers
  • Bernard is a board member at Lopez Electronics Inc. He is also a senior executive of the firm. The board is chaired by Ernest Jo
    9·1 answer
  • Michael’s Bakery had $236,400 in net fixed assets at the beginning of the year. During the year, the company purchased $53,200 i
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!