At what rate of interest will $1500 grow to $1562.04 from June 1, 2015, to December 1,
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
No of days3031313031300...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
At what rate of interest will $1387 earn $63.84 in 200 days?
-
At what nominal annual rate of interest will money double itself in 6 years and 9 months if compounded quarterly?
-
At what nominal rate of interest will money triple itself in 9 years and 2 months if compounded monthly?
-
Quick Fix-it Corporation was organized in January 2011 to operate several car repair businesses in a large metropolitan area. The charter issued by the state authorized the following capital stock:...
-
Define a glocally responsible business.
-
Comment on the appropriateness of the question, Have you ever broken the law and endangered the lives of others by running a red light?
-
What two things must be done to control queue and meet delivery commitments? LO.1
-
At the beginning of each year, LED Lighting, Ltd.s Accounting Department must find the point at which projected sales revenue will equal total budgeted variable and fixed costs. The company produces...
-
Bottle-Up, Inc., ,was organized on January 8, 2008, and made its S election on January 24, 2008. The necessary consents to the election ,vere filed in a timely manner. Its ad- dress is 1234 Hill...
-
Peachtree Delivery Service is owned and operated by Jerome Foley. The following selected transactions were completed by Peachtree Delivery Service during February: 1. Received cash from owner as...
-
At what rate of interest must a principal of $1545 be invested to earn interest of $58.93 in 150 days?
-
What principal will earn $55.99 interest at 9.75% p.a. from February 4, 2015, to July 6, 2015?
-
Listed in random order are some of Oxford Services Companys account balances as of December 31, 2014. Place the balances in proper order and prepare a balance sheet Accounts Payable 50,000 Building...
-
2.11.2Project:Performance Task: The Parallax Problem Project Geometry Sem 1 (S3537251) Julio Duenas Points possible:120 Date: ____________ The Scenario:You're looking for a sponsor to pay for you to...
-
If the most common treatment of assigning overapplied overhead was used, the final balance in Cost of Goods Sold would have been * (1 Point) At the end of the last fiscal year, BREAD Company had the...
-
Angelina received new word processing software for her birthday. She also received a cheque with which she intends to purchase a new computer. Angelina's UNILUS Professor assigned a paper due in two...
-
At date t, the portfolio P to be hedged is a portfolio of Treasury bonds with various possible maturities. Its characteristics are as follows: Value YTM MD Convexity $1,450 6% 4.25 55 We consider...
-
A playground merry-go-round with an axis at the center (radius R = 1.3 m and rotational inertia | = 1.2 x 103 kgm2) is initially rotating at angular velocity w = 0.21 rad/s clockwise). A girl of mass...
-
To summarize the meeting for your colleagues in the previous scenario, write up the meeting minutes. Each of you in the group should prepare the minutes separately. Then, as a group, compare your...
-
What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability...
-
Expect some employees to learn two or three times as fast as others. True/False
-
A ball thrown up falls back to the floor and bounces many times. For a ball thrown up in the direction shown in the figure, the position of the ball as a function of time is given by: The velocities...
-
The ladder of a fire truck can be elevated (increase of angle ), rotated about the z axis (increase of angle ), and extended (increase of r). Initially the ladder rests on the truck ( > = 0, = 0,...
-
Make a 3-D surface plot of the function z = y2/4 - 2sin(l.5x) in the domain -3 < x < 3 and-3 < y < 3.
-
There is a credit rating agency for businesses that gives out various amounts of information based on the subscription level. This company is called a. Business Credit Scoring b. Fair Issue c. Dun...
-
Current Attempt in Progress On July 3 1 , 2 0 2 2 , Crane Compary had a cash balance per books of $ 6 , 2 4 5 . 0 0 . The statement from Dakata State Bark on that date showed a balance of $ 7 , 7 9 5...
-
Cede & Co. expects its EBIT to be $89,000 every year forever. The firm can borrow at 5 percent. Cede currently has no debt, and its cost of equity is 10 percent. If the tax rate is 35 percent, what...
Study smarter with the SolutionInn App