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

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 68 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567

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


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
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
Excellent


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

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.

For a complete list of videos, visit our video library