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

Author Question: Calculate the proceeds of $5500.00 due in 20 years, nine months discounted at 8.0% compounded semi-annually. (Read 227 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 6, 2019

Question 1

A twenty-year note for $1000.00 bearing interest at 9% compounded monthly is discounted at 5% compounded quarterly four years and six months before maturity. Find the proceeds of the note.
◦ $133.07
◦ $4741.93
◦ $4805.10
◦ $4800.65
◦ $6009.15

Question 2

Calculate the proceeds of $5500.00 due in 20 years, nine months discounted at 8.0% compounded semi-annually.
◦ $1113.83
◦ $1080.14
◦ $1051.54
◦ $1145.59
◦ $1063.04
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 123654777 on Jun 6, 2019

dawsa925

  • Sr. Member
  • ****
  • Posts: 326
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


123654777

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jun 6, 2019
Thanks


dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 6, 2019
Welcome :)


« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo
How to calculate regular payments or deposits using the annuity formula (Question 1) How to calculate regular payments or deposits using the annuity formula (Question 1)
Rola Inc. borrowed $42 000.00 at 7% compounded semi-annually. The loan is repaid by payments of ... Rola Inc. borrowed $42 000.00 at 7% compounded semi-annually. The loan is repaid by payments of ...
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Calculate ΔS° Calculate ΔS°
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library