This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In how many months will $5000 grow to $6000 at 9.5% p.a.? (Read 126 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 6, 2019

Question 1

An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the interest rate is 6%.

Question 2

In how many months will $5000 grow to $6000 at 9.5% p.a.?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dbose on Jun 6, 2019

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


dbose

  • Hero Member
  • *****
  • Posts: 597
Reply #2 on: Jun 6, 2019
Thanks


lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Jun 6, 2019
Welcome :)


Lakber Mand

  • Newbie
  • *
  • Posts: 3
Reply #4 on: Feb 9, 2022
Thank You


« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

A gray squirrel, seven months of age near Mobile, Alabama A gray squirrel, seven months of age near Mobile, Alabama
how fast bacteria can grow is amazing how fast bacteria can grow is amazing
Crying Frequency in the Early Months In their first months of life, infants often cry for no appare Crying Frequency in the Early Months In their first months of life, infants often cry for no appare
The myeloma cells do not grow in a selective media called HAT because they cannot synthesize DNA ... The myeloma cells do not grow in a selective media called HAT because they cannot synthesize DNA ...
Adolescent girls reach adult height sooner than boys because their bones grow more rapidity Adolescent girls reach adult height sooner than boys because their bones grow more rapidity
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library