Find the compound amounts for the following deposits if interest is compounded continuously. $12,000 at 5% for
Question:
Find the compound amounts for the following deposits if interest is compounded continuously.
$12,000 at 5% for 8 years
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
P 12000 r 0...View the full answer
Answered By
Rehab Rahim
I am well versed in communicating and teaching in areas of all business subjects. I have helped many students in different ways from answering answers to writing their academic papers.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
How many years it will take a sum of $1575 to double when the rate of interest is 2.5% compounded quarterly? O Less than 25 years Between 28 to 29 years Between 25 to 26 years Between 27 to 28 years
-
Find the compound amounts for the following deposits if interest is compounded continuously. How long will it take for $2100 deposited at 4% compounded quarterly to double? To triple?
-
Find the compound amounts for the following deposits if interest is compounded continuously. How long will it take for $1000 deposited at 6% compounded semiannually to double? To triple?
-
Bloomberg Intelligence listed 50 companies to watch in 2018 (www .bloomberg.com/features/companies-to-watch-2018). Twelve of the companies are listed here with their total assets and 12-month sales....
-
Let X and Y equal, respectively, the blood volumes in milliliters for a male who is a paraplegic and participates in vigorous physical activities and for a male who is able-bodied and participates in...
-
One _________________ testimony convinced all jury _________________ to convict. a. witnesses, members b. witnesss, members c. witnesss, members Write the correct letter in the space provided.
-
What is the eight-second rule?
-
Start with the partial model in the file Ch14 P13 Build a Model.xlsx on the textbook's Web site. J. Clark Inc. (JCI), a manufacturer and distributor of sports equipment, has grown until it has become...
-
[Checkbox: select 1 to 4 parts that form the answer): Which of these could 1 point be an effective use of a limited advertising budget in a small local business? Buy a block of time on the radio and...
-
Fibrous Incorporated makes products from rough tree fibers. Its product line consists of five items processed through one of five machines. The machines are not identical, and some products are...
-
Find the effective rate to the nearest hundredth for each nominal interest rate. 7% compounded quarterly
-
Find the compound amounts for the following deposits if interest is compounded continuously. $1500 at 6% for 9 years
-
Contrast an HMO and a PPO?
-
The manager of a division that produces add-on products for the automobile industry had just been presented the opportunity to invest in two independent projects. The first is an air conditioner for...
-
Ook ht nces Case 5-2 (Algo) Shouldice Hospital in Canada is widely known for one thing-hernia repair! In fact, that is the only operation it performs, and it performs a great many of them. Over the...
-
A trunk of cone made of Aluminum (E = 70 GPa) and fixed between two rigid walls and without any preloading or thermal input is uniaxially loaded with a force of magnitude of 100 N at point C (300 mm...
-
Honeyville Company had sales for the year of $ 1 0 0 , 0 0 0 . Of these sales, only $ 3 0 , 0 0 0 were collected in cash. The other $ 7 0 , 0 0 0 is expected to be collected in cash next year. For...
-
The company does not have a license for Dynamics 365. If you decide to use a Portal Template how many choices will you have
-
A uniform magnetic field is directed horizontally toward the north, and a positive charge is moving west through this field. Is there a magnetic force on this charge, and if so, in what direction?...
-
Information graphics, also called infographics, are wildly popular, especially in online environments. Why do you think infographics continue to receive so much attention? How could infographics be...
-
The remainder theorem indicates that when a polynomial (x) is divided by x - k, the remainder is equal to (k). For (x) = x 3 - 2x 2 - x + 2, use the remainder theorem to find each of the following....
-
Graph each rational function. 4 2 f(x) 8
-
Find two numbers whose sum is 20 and whose product is the maximum possible value.
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
Brief Exercise 10-6 Flint Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building...
-
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...
Study smarter with the SolutionInn App