An investment earned 6% compounded semiannually for two years and 8% compounded annually for the next three
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Suppose the amount initially invested was 100 The future value 2 years ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Lauren McAnally invests $2,000 at 2% compounded semiannually for two years, and Inez Everett invest an equal amount at 2% compounded quarterly for 18 months. Use 13 - 1 to determine which investment...
-
Find the future value (compound amount) and compound interest. Use Table 13-1 or the future value and compound interest formula. See Example 3 and 4. A loan of $5,000 at 6% compounded semiannually...
-
Maeola Killebrew invests $3,800 at 2% compounded semiannually for two years. What is the future value of the investment, and how much interest will she earn over the two-year period?
-
Oakey Wines is considering expanding on from the cafe to build a restaurant that will provide an evening experience of a meal, wine and entertainment. The package will be used to showcase new season...
-
There are 21 required line items to be reported on the income statement as determined by the SEC. Is a firm required to report its gross margin on the income statement?
-
Calculate the pH of a 0.36 M CH3COONa solution.
-
Evaluate the expression. -100
-
The variance in a production process is an important measure of the quality of the process. A large variance often signals an opportunity for improvement in the process by finding ways to reduce the...
-
Bill Clinton reportedly was paid $ 9 . 5 million to write his book My Life. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speeches. Given his...
-
A uniform circular disk which rolls with a velocity v without slipping encounters an abrupt change in the direction of its motion as it rolls onto the incline ?. Determine the new velocity v' of the...
-
An initial $1800 investment was worth $2299.16 after two years and nine months. What quarterly compounded nominal rate of return did the investment earn?
-
A portfolio earned annual rates of 20%, -20%, 0%, 20%, and -20% in five successive years. What was the portfolios five-year equivalent annually compounded rate of return?
-
A colleague gives you a preliminary tray column design. It shows 12-in tray spacing with 8-in weirs. There are 30 actual trays, and the diameter is 5 ft. Comment on all aspects of this design and...
-
Please help. I would really appreciate it. Question 1. Polly owns an electric power plant in the city of Newtown. The market price of electricity in Newtown is $1.00 per kilowatt hour (kwh). Polly's...
-
(Appendix 3A) Jenson Manufacturing is developing cost formula for future planning and cost control. Utilities is one of the mixed costs associated with production. The cost analyst has suggested that...
-
A company has the following trial balance as at 31 December 2015: TRIAL BALANCE AS AT 31 DEC 2015 Dr Cr Sales Revenue 125 000 Purchases 78 000 Carriage 4 000 Electricity and rent 5 100 Administrative...
-
What gets printed to the screen by the following segment of code? String str1 = "hello"; String str2 = "world"; if (!strl.equals(str2)) { System.out.println(str1+" "+str2); } else { }...
-
a) Consider the following financial data (in millions of dollars) for Costello Laboratories over the period of 2014-2018: Year Sales Net income Total assets Common equity 2014 $3,800 $500 $3,900...
-
In applying the predecessor method of accounting, the carrying values of the assets and liabilities of the acquiree reported in the consolidated financial statements of the ultimate parent company...
-
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
-
Define internal control. obj. 2
-
If interest is 10%, what is A? 40 40 30 30 20 20 10
-
As shown in the cash flow diagram, there is an annual disbursement of money that varies from year to year from $100 to $300 in a fixed pattern that repeats forever. If interest is 10%, compute the...
-
On April 1 a man borrows $100. The loan is to be repaid in three equal semiannual (every 6 months) payments. If the annual interest rate is 7% compounded semiannually, how much is each payment?
-
Practice Problem 1 The stockholders equity accounts of Bramble Corp. on January 1, 2017, were as follows. Preferred Stock (6%, $100 par noncumulative, 4,400 shares authorized) $264,000 Common Stock...
-
JVCU Which of the following is considered cash for financial reporting purposes? 1 JVCU Which of the following is considered cash for financial reporting purposes? 1
-
Required information The Foundational 15 [LO8-2, LO8-3, LO8-4, LO8-5, LO8-7, LO8-9, L08-10) (The following information applies to the questions displayed below.) Morganton Company makes one product...
Study smarter with the SolutionInn App