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Author Question: The amount of money that an investor receives after selling a stock is called the proceeds. ... (Read 117 times)

panfilo

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on: Jun 24, 2018
The amount of money that an investor receives after selling a stock is called the proceeds.
  Indicate whether the statement is true or false

Question 2

Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Antonio invests 3,000, at 10 interest, compounded semiannually for 12 years. Use the compound interest formula to calculate the compound amount for his investment.
 A) 6,663.28
  B) 6,760.00
  C) 9,675.30
  D) 9,860.00


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chereeb

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


panfilo

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

hramirez205

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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