Find an expression for the amount of money after five years when the initial amount is $80

Question:

Find an expression for the amount of money after five years when the initial amount is $80 and the annual interest rate is as given.

8% compounded quarterly

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

Step by Step Answer:

Related Book For book-img-for-question

Finite Mathematics And Its Applications

ISBN: 9780137616619

13th Edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons

See More Books

Question Posted: Jan 30, 2023 07:43 AM

Find an expression for the amount of money after five years when the initial amount is $80 and the annual interest rate is as given. 12% compounded semiannually
Find an expression for the amount of money after five years when the initial amount is $80 and the annual interest rate is as given. 100% compounded daily
Find an expression for the amount of money after five years when the initial amount is $80 and the annual interest rate is as given. 4% simple interest
The root cause of underdevelopment and environmental degradation is the overdevelopment of a handful of rich nations. Discuss.
On May 1, 2015, Alexis Nieuwkerk established an organizing business, GO! During the month, Alexis completed the following transactions: May 1. Deposited money into the business bank account, $600. 3....
A consulting company regularly builds teams to create products for clients. When the product is delivered, the team is dissolved and assigned to other projects. What kind of organization is this? a....
5 List the customer service factors that would be vital to buyers in the following types of companies: (a) manufacturing, (b) retailing, (c) hospitals, and (d) construction.
Salvador Corporation made an investment in Letter.com, Inc., in exchange for 100,000 options to purchase Letter.coms stock at $20 per share. Since the stock options are not marketable, Salvadors...
What is the debt ratio for a company that has total debts of $600,000 and Equity of $400,000? and equity of $400,000 2. If a firm has the following financial information: Current debts $100,000...
A camera is listed for $599 less 30%, 20%, and 5%. (a) What is the net price? (b) What is the total amount of discount allowed? (c) What is the exact single rate of discount that was allowed?
What does it mean for a graph to be increasing? decreasing? monotonic? oscillating? constant?
Find the monthly payment on a 25-year $200,000 mortgage at 4.8% interest compounded monthly.
What advantage can bricks-and-mortar players derive from setting up an online channel? How should they use the two channels to gain maximum advantage?
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...
Briefly discuss how the courts and USPTO have changed their opinions and attitudes toward the patenting of software over the years. Do you believe that software patents inhibit new software...
The Zwatch Company manufactures trendy, high-quality moderately priced watches. As Zwatch's senior financial analyst, you are asked to recommend a method of inventory costing. The CFO will use your...
A supermarket has three employees who package and weigh produce. Employee A records the correct weight 98% of the time. Employees B and C record the correct weight 97% and 95% of the time,...
An island contains an equal number of one-headed, two-headed, and three-headed dragons. If a dragon head is picked at random, what is the likelihood of its belonging to a one-headed dragon?
1. Explain why it makes sense that if E and F are independent events, then so are E and F .
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...
Determine the simple interest earned on $10,000 after 10 years if the APR is 15%
give me an example of 10 transactions from daily routine that we buy and put for me Liabilities + Owners' Equity + Revenues - Expenses

Find an expression for the amount of money after five years when the initial amount is $80

Question:

Step by Step Answer:

The formula to calculate the amount after t years wi...View the full answer

Finite Mathematics And Its Applications

Students also viewed these Mathematics questions