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

Author Question: Find the future value of a CD paying a 4.15% APR compounded daily if you invest $3800 for a term of ... (Read 88 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: May 5, 2020

Question 1

Find the future value of a CD paying a 3.8% APR compounded monthly if you invest $5000 for a term of six years. Round your answer to the nearest cent.
◦ $6278.16
◦ $6253.95
◦ $6273.67
◦ $6804.32
◦ $5984.74

Question 2

Find the future value of a CD paying a 4.15% APR compounded daily if you invest $3800 for a term of three years. Round your answer to the nearest cent.
◦ $4301.05
◦ $4303.78
◦ $4302.89
◦ $4316.71
◦ $4298.33
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sheilaspns on May 5, 2020

pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: May 5, 2020
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 49% of students answer this correctly


sheilaspns

  • Member
  • Posts: 567
Reply 2 on: May 5, 2020
YES! Correct, THANKS for helping me on my review

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Varieties of Long-Term Memory Varieties of Long-Term Memory
How to find the distance of any line segment How to find the distance of any line segment
How to use the quotient rule to find the derivative of a function How to use the quotient rule to find the derivative of a function
Three Pieces of the Long-Term Weight-Loss Puzzle Diet Three Pieces of the Long-Term Weight-Loss Puzzle Diet
Find the derivative using the power rule Q2 Find the derivative using the power rule Q2
To find the derivative use product rule To find the derivative use product rule
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library