This topic contains a solution. Click here to go to the answer

Author Question: CloudTrust Limited has a monthly payroll of $6 million. They choose to make a short-term investment ... (Read 38 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580

Question 1

Genevieve won $42 016 from the lottery and deposited all of it into an RESP account for her children that had an interest rate of 0.7% for a 1-year term. What is the maturity value of the deposit?

Question 2

CloudTrust Limited has a monthly payroll of $6 million. They choose to make a short-term investment in an account with a 0.9% rate. At the end of the month, what is the maturity value of the deposit?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by OSWALD on Jun 6, 2019

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
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




OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jun 6, 2019
Thanks for the timely response, appreciate it


milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

For a complete list of videos, visit our video library