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

Author Question: Find the future value of a CD paying a 4.15% APR compounded daily if you invest $3800 for a term of ... (Read 116 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: May 5, 2020

Question 1

Find the future value of a CD paying a 3.8% APR compounded monthly if you invest $5000 for a term of six years. Round your answer to the nearest cent.
◦ $6278.16
◦ $6253.95
◦ $6273.67
◦ $6804.32
◦ $5984.74

Question 2

Find the future value of a CD paying a 4.15% APR compounded daily if you invest $3800 for a term of three years. Round your answer to the nearest cent.
◦ $4301.05
◦ $4303.78
◦ $4302.89
◦ $4316.71
◦ $4298.33
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sheilaspns on May 5, 2020

pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: May 5, 2020
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 49% of students answer this correctly


sheilaspns

  • Member
  • Posts: 567
Reply 2 on: May 5, 2020
YES! Correct, THANKS for helping me on my review

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

How to find the derivatives of inverse trigonometric functions (Part 1) How to find the derivatives of inverse trigonometric functions (Part 1)
How to find the derivatives of inverse trigonometric functions (Part 2) How to find the derivatives of inverse trigonometric functions (Part 2)
How to find the anti-derivative of a function (Part 1) How to find the anti-derivative of a function (Part 1)
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
Post-term birth rates, by province/territory, Canada Post-term birth rates, by province/territory, Canada
A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ... A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ...
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library