Calculate the result accurate to the nearest cent. For S=$850,i=0.0075,n=6 (1+ i)

Question:

Calculate the result accurate to the nearest cent.

For S=$850,i=0.0075,n=6

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

See More Books

Question Posted: Jan 20, 2016 06:36 AM

See More Questions

Calculate the result accurate to the nearest cent. For r = 0.095, I=$23.21, t = 283 /365 TIt
Calculate the result accurate to the nearest cent. L(1 - d1)(1 - d2)(1 - d3) For L=$490,d1 =0.125,d2 =0.15,d3 =0.05
Calculate the result accurate to the nearest cent. P (1 + rt) For P=$770,r=0.013, 223 365
Increasingly sophisticated communications technology is allowing more people to work at home. What effect do you think this might have on land-use patterns, specifically the density of residential...
HBM, Inc. has the following capital structure: The common stock is currently selling for $15 a share, pays a cash dividend of $0.75 per share, and is growing annually at 6 percent. The preferred...
Construct a plot of the residuals versus the fitted values (fitted values refers to the ys). What pattern do you see? What does this indicate regarding the regression assumptions?
Kitty Wonderland (KW) makes toys for cats and kittens. KWs managers have recently learned that they can calculate the average waiting time for an order from the time an order is received and the time...
With these administered rates (discount rate, interest paid on reserves, overnight repurchase rate and overnight reverse repurchase rate) effective federal funds rate (FFR) is mostly expected to be...
In SCTP, the following is a dump of a DATA chunk in hexadecimal format. 00000015 00000005 0003000A 00000000 48656C6C 6F000000 a. Is this an ordered or unordered chunk? b. Is this the first, the last,...
Calculate the result accurate to the nearest cent. For S=$2500, r = 0.085,t= I + rt 123 t 365 105
Calculate the result accurate to the nearest cent. For R=$550,i=0.085,n=3 |(1+ i)"-1
Monopolistically competitive firms earn zero economic profit in the long run as do perfectly competitive firms. Does this mean that total surplus is maximized in a monopolistically competitive market?
Pacifico Company, a U.S.-based importer of beer and wine, purchased 1,200 cases of Oktoberfest-style beer from a German supplier for 264,000 euros. Relevant U.S. dollar exchange rates for the euro...
Finding Confidence Intervals. In Exercises 9-16, assume that each sample is a simple random sample obtained from a population with a normal distribution. Body Temperature Data Set 5 "Body...
19 Part 2 of 2 1.25 points Skipped Required information Problem 6-4A & 6-5A (Algo) [The following information applies to the questions displayed below.] Gerald Utsey earned $48,400 in 2021 for a...
Describe equilibrium constants with words and equations. is the ratio of the concentrations of products to the concentration of reactants present in a reaction mixture when chemical equilibrium is...
Pronghorn Inc. acquired 20% of the outstanding common shares of Gregson Inc. on December 31, 2019. The purchase price was $1,133,000 for 51,500 shares, and is equal to 20% of Gregson's carrying...
XYZ plc is considering purchasing new equipment that would cost 40 million. The expected unlevered cash flows from this investment are 13 million per annum for the next 5 years. The companys stock...
(a) Use integration by parts to show that (b) If f and g are inverse functions and f' is continuous, prove that (c) In the case where f and t are positive functions and b > a > 0, draw a diagram to...
The use of prenumbered checks in disbursing cash is an application of the principle of: a. establishment of responsibility. b. segregation of duties. c. physical, mechanical, and electronic controls....
A magazine offers a one-year subscription rate of $63.80 and a three-year subscription rate of $159.80, both payable at the start of the subscription period. Assuming that you intend to continue the...
An advertisement for Ford trucks offered "2.9%" financing (for 48 months) or $4000 cash back." A truck buyer financed $40,000 at the low interest rate instead of paying $36,000 cash (after the $4000...
A 70-year-old man can purchase either of the following annuities for the same price from a life insurance company. A 20-year-term annuity will pay $394 at each month-end. A life annuity will pay $440...
Year-to-date, Yum Brands had earned a 3.70 percent return. During the same time period, Raytheon earned 4.58 percent and Coca-Cola earned 0.53 percent. If you have a portfolio made up of 40 percent...
Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .15 .31 .41 .21 Good .60 .16 .12 .10 Poor .20 .03 .06 .04 Bust .05 .11 .16 .08 a. Your...
An investor wants to purchase a zero coupon bond from Timberlake Industries today. The bond will mature in exactly 5.00 years with a redemption value of $1,000. The investor wants a 12.00% annual...

Calculate the result accurate to the nearest cent. For S=$850,i=0.0075,n=6 (1+ i)

Question:

(1+ i)"

Step by Step Answer:

S 1 i n 8...View the full answer

Business Mathematics In Canada

Students also viewed these Accounting questions