« previous next »

Author Question: 1,200 is deposited today into an account paying 6 interest compounded semiannually. How much ... (Read 83 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jul 10, 2018
1,200 is deposited today into an account paying 6 interest compounded semiannually. How much interest will have been earned after 25 years?
 
  A) 3,950.24
  B) 1,312.53
  C) 20,904.19
  D) 5,260.69
  E) 4,060.69

Question 2

The Euro increased dramatically in value against the U.S. dollar between 2000 and 2009. The result
  has been that
 
  A) U.S. exports are more competitive in Europe.
  B) U.S. travelers are finding it less expensive to travel in Europe.
  C) European exports to the United States are more competitive.
  D) U.S. goods cost more in Europe.


ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 10, 2018
Answer to Question 1

E

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

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?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
How to calculate compound interest (Part 2) How to calculate compound interest (Part 2)
Teaching Today's Health, 10th Edition Teaching Today's Health, 10th Edition
Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ... Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ...
I NEED IT FOR TODAY PLEASE 14 QUESTIONS I NEED IT FOR TODAY PLEASE 14 QUESTIONS
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library