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

Author Question: If you want to have 12,500 in 57 months, how much money must you put in a savings account today? ... (Read 60 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jul 11, 2018
If you want to have 12,500 in 57 months, how much money must you put in a savings account
  today? Assume that the savings account pays 4.5 and it is compounded quarterly; round to
  nearest 1.
 
  A) 10,387 B) 8,459 C) 11,129 D) 10,106

Question 2

Effective budgeting in an expense area will lead to a zero variance at year end.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jul 11, 2018
:D TYSM

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

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.

Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
Cost Savings with an EHR System Cost Savings with an EHR System
Psychology for Living: Adjustment, Growth, and Behavior Today 11th Psychology for Living: Adjustment, Growth, and Behavior Today 11th
The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case
I NEED IT FOR TODAY PLEASE 14 QUESTIONS I NEED IT FOR TODAY PLEASE 14 QUESTIONS
Odds please I need it today Odds please I need it today
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library