URGENT HELP NEEDED! Compound interest need help badly homework is due
URGENT HELP NEEDED! Compound interest need help badly homework is due
The given information to solve for r are: A = $4,000,000 P = $40,000 t = 40 Please help solve in step by step manner to determine the r...
A financial agreement requires the payment of $1200 in 9 months, $1400 in 18 months, and $1600 in 30 months. When would an alternative single payment of $4000 have to be made if money is worth 7%...
I did use the formula FV=P(1+r/m)∧mt but I got the wrong answer.
The bank offers you a 6% continuously compounding interest rate. If the bank offers you an equivalent interest rate compounded quarterly, what will that interest rate be (use 3 significant figures...
If Tanisha has ?$1,000 to invest at 8?% per annum compounded quarterly ?, how long will it be before she has ?$2,050?? If the compounding is? continuous, how long will it? be? Compounding...
To get $600 after 3 years at 10% compounded monthly. The present value of $600 is $__?
$10 invested at 12% compounded continuously after a period of 4 years. After 4 years, the investment results in $__?
$600 invested at 3% compounded daily after a period of 3 years. After 3 years, the investment results in $__?
$700 invested at 2% compounded quarterly after a period of 3 1/2 years. After 3 1/2 years, the investment results in $__?
$100 invested at 3% compounded quarterly after a period of 4 years. After 4 years, the investment results in $__ (Round to the nearest cent.
Maximus invests a sum of money in a bank account which earns 2%, and increases by 1% every 6 months. The interest is compounded monthly. He pulls out $4300 out of his account after 21 months. How...
Alice keeps meaning to invest more in her RRSP. Her original plan was to invest $6000 eight months ago and an additional $7000 in four months. Unfortunately due to unforseen circumstances, she was...
Ricardo takes out a loan from Enrique. It is agreed that Ricardo will pay back the loan in two payments, $3154 after 2 years and $2397 after 6 years. Ricardo decides he wants to renegotiate the payment...
Good question. Please sole request jh gugggb ghf gfb fhvvyd vtxvhfb gf gfg ggg gfvgfvhugbcghggttfgutf gfvb
Good question. Please sole request jh gugggb ghf gfb fhvvyd vtxvhfb gf gfg ggg gfvgfvhugbcghggttfgutf gfvb
Maximus invests a sum of money in a bank account which earns 2%, and increases by 1% every 6 months. The interest is compounded monthly. He pulls out $4300 out of his account after 21 months. How...
Big Stan has a choice of two different investment options. The first is to invest $13354 at 7% compounded continuously. The second is to invest $17217 at 7% compounded monthly. After 1 years, write...
Suppose that after 9.5 years, an investment exactly doubles its value. If interest is compounded semiannually, what is the nominal rate of interest? Express the rate as a percentage, not...
You are looking to save up enough money to buy L.A Kings premium club seats, which retail for $1155.40. You want to invest sufficient money today in order to pay for the tickets in 9 months. Assuming...