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

Author Question: You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. The ... (Read 80 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
on: Jun 6, 2019

Question 1

You make 6 quarterly deposits starting at $135 and increasing at a constant rate of 4.5%. The interest rate is 8.4% compounded quarterly. What is the size of the last deposit?
◦ $168.23
◦ $135.00
◦ $668.23
◦ $186.23
◦ $128.63

Question 2

You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. The interest rate is 5.12% compounded annually. How much has been deposited in total?
◦ $1445.59
◦ $1454.59
◦ $1444.59
◦ $1400.00
◦ $1459.59
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 SAVANNAHHOOPER23 on Jun 6, 2019

Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
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 55% of students answer this correctly


SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Reply #2 on: Jun 6, 2019
Thank you!


Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 6, 2019
Always glad to help...


« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

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

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c
Couples whose marriages have become distant or hostile can make changes in their patterns of ... Couples whose marriages have become distant or hostile can make changes in their patterns of ...
Types of wind deposits Types of wind deposits
What is the value of the equilibrium constant, K, at 25°C for the reaction? What is the value of the equilibrium constant, K, at 25°C for the reaction?
The charge for telephone calls T is partly constant and partly varies with the number N of ... The charge for telephone calls T is partly constant and partly varies with the number N of ...
Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver
Video: Introduction to Insulin

For a complete list of videos, visit our video library