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svet-max [94.6K]
3 years ago
12

The future value of $200 received today and deposited for three years in an account which pays semiannual interest of 8 percent

is ________. $134.66 $253.00 $158.00 $252.00
Business
1 answer:
yanalaym [24]3 years ago
7 0
The formula is
A=P (1+r/k)^kt
A future value?
P present value 200
R interest rate 0.08
K compounded semiannual 2
T time 3years

A=200×(1+0.08÷2)^(2×3)
A=253....answer
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Which legal form of business ownership does the government have the most control in?
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i am not sure for the first one, but for the second its a corporation

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there are a lot of regulations connected with corporations and the taxation of these organizations

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Jessica’s credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The follo
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The adjusted balance of Jessica for the month of October is $ 1033.76. In this method, monthly payment is deducted from the unlock balance, and purchase is not included in the balance.

<h3>What is the adjusted balance method?</h3>

With the adjusted balance method, the credit card company starts with the balance from the end of the last payment cycle and withdraws any payments made, and adds any credits sent to the account during the current cycle.

In the given information, to calculate the adjusted balance we will deduct the payments made from the beginning balance and ignore the purchases made for the month:

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brainly.com/question/11355738

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<u></u>

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