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

Author Question: Calculate the amount of money that must be deposited at the end of every month into an account ... (Read 92 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Jun 6, 2019

Question 1

Calculate the amount of money that must be deposited at the end of every three months into an account paying 6% compounded monthly to accumulate to $12 500.00 in ten years.
◦ $304.94
◦ $229.97
◦ $80.77
◦ $293.75
◦ none of the above

Question 2

Calculate the amount of money that must be deposited at the end of every month into an account paying 12% compounded annually to accumulate to $100 000.00 in ten years.
◦ $434.71
◦ $416.67
◦ $450.59
◦ $45.06
◦ $833.33
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 geodog55 on Jun 6, 2019

miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
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 35% of students answer this correctly


geodog55

  • Member
  • Posts: 530
Reply 2 on: Jun 6, 2019
Thanks for the timely response, appreciate it

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

7 month history of gradual, painless swelling and redness of both eyes 7 month history of gradual, painless swelling and redness of both eyes
one month old embryo one month old embryo
Check heat source for temperature. Evaluate the amount of heat given off from the source using your ... Check heat source for temperature. Evaluate the amount of heat given off from the source using your ...
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Gray Morris's Calculate with Confidence, Canadian Edition, 2nd Edition Gray Morris's Calculate with Confidence, Canadian Edition, 2nd Edition
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library