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

Author Question: In how many months will $5000 grow to $6000 at 9.5% p.a.? (Read 143 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 6, 2019

Question 1

An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the interest rate is 6%.

Question 2

In how many months will $5000 grow to $6000 at 9.5% p.a.?
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 dbose on Jun 6, 2019

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
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 56% of students answer this correctly


dbose

  • Hero Member
  • *****
  • Posts: 597
Reply #2 on: Jun 6, 2019
Thanks


lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Jun 6, 2019
Welcome :)


Lakber Mand

  • Newbie
  • *
  • Posts: 3
Reply #4 on: Feb 9, 2022
Thank You


« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

6 months in the uterus 6 months in the uterus
Yuji Hiratsuka, Miracle Grow Hypnotist. Yuji Hiratsuka, Miracle Grow Hypnotist.
How does your baby grow up starting from 4th month? How does your baby grow up starting from 4th month?
An infant begins to notice the external environment by the age of 4 to 8 months An infant begins to notice the external environment by the age of 4 to 8 months
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
We lost the 6th book in the series. After two months, we finally found it. We lost the 6th book in the series. After two months, we finally found it.
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library