If a person saves $62 a month by using coupons and doing comparison shopping, (a) what is
Question:
If a person saves $62 a month by using coupons and doing comparison shopping,
(a) what is the amount for a year?
(b) What would be the future value of this annual amount over 10 years, assuming an interest rate of 4 percent?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
a 62 X 1...View the full answer
Answered By
Qurat Ul Ain
Successful writing is about matching great style with top content. As an experienced freelance writer specialising in article writing and ghostwriting, I can provide you with that perfect combination, adapted to suit your needs.
I have written articles on subjects including history, management, and finance. Much of my work is ghost-writing, so I am used to adapting to someone else's preferred style and tone. I have post-graduate qualifications in history, teaching, and social science, as well as a management diploma, and so am well equipped to research and write in these areas.
4.80+
265+ Reviews
421+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9781265521974
7th Edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
If a person saves $63 a month by using coupons and doing comparison shopping, (a) What is the amount for a year? (b) What would be the future value of this annual amount over 10 years, assuming an...
-
Using the information from BE5- 15, what is the amount of Taxi Cabs contributed capital at the end of the year? In BE- 15 Retained Earnings Common Stock, $1 Par (200,000 Shares) Additional...
-
What is the amount to which $1550 will grow from June 10, 2016, to December 15, 2016, at 6.5%?
-
Sugar (C12H22O11) is a molecular compound that stays together inwater, while NaCl and MgSO4?7H2O are ionic compounds that dissociate into cations andanions as illustrated in the NaCl example below:...
-
= 0.83, z = 2.33, n = 1005 Substitute the given values for the variables in the compound inequality B(1 P) B(1 - D)
-
What factors should be considered in dividing up the budget among a store's different merchandise areas? Which of the following should receive the highest advertising budget: fashionable women's...
-
58. Rondo and his business associate, Larry, are considering forming a business entity called R&L but they are unsure about whether to form it as a C corporation, an S corporation, or an LLC taxed as...
-
Bristol Manufacturing, Inc., uses the job order cost system of accounting. The following information was taken from the company's books after all posting had been completed at the end of May: a....
-
Freight terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all...
-
Assume you purchased a share of stock in Volkswagen AG at the beginning of 2019 for 136.26. A year later the stock was worth 156.62 and paid a dividend of 12.5 in 2019. Calculate the following: a....
-
In 2007, Joelle spent $5,000 on her health care. If this amount increased by 6 percent per year, what would be the amount Joelle spent in 2017 for the same health care?
-
The 1 HNMR spectrum of a solution of 1,3-dimethylcyclopentadiene in concentrated sulfuric acid shows three peaks with relative areas of 6 : 4 : 1. What is the explanation for the appearance of the...
-
Discuss how the micro-macro dilemma relates to each of the following products: high powered engines in cars, nuclear power, bank credit cards, and pesticides that improve farm production.
-
What are major initiatives would you expect to see in a strategic plan focusing on a public health organization?
-
The purchase of \(\$ 500\) of supplies on account will: a. Increase both assets and stockholders' equity by \(\$ 500\) b. Increase assets and decrease liabilities by \(\$ 500\) c. Increase assets and...
-
Venus Company owned a service truck that was purchased at the beginning of 2011 for \(\$ 20,000\). It had an estimated life of three years and an estimated salvage value of \(\$ 2,000\). Venus uses...
-
You are observing the sales department staff using exponential smoothing to fore- cast monthly sales. Their forecast for January's sales was 12,000 units. January's actual sales figure became...
-
Use the ID3 algorithm to build the full decision tree for the data set given in Section 10.9.2. 10.9.2 Example We will start with the training data given below: Film Country of origin Big star Genre...
-
Assume that a goal of the regulatory agencies of financial institutions is to immunize the ratio of equity to total assets, that is, (E/A) = 0. Explain how this goal changes the desired duration gap...
-
AB CORPORATION ISSUED THE FOLLOWING 850 COMMON STOCKS PAR VALUE P100 750 PARTICIPATING PREFERRED STOCKS PAR VALUE P100 AT 3% AB CORPORATION DECLARED P100,000.00 DIVIDEND IN 2022.
-
What type of information about bonds is available on the Internet?
-
In your own words, describe why corporations sell corporate bonds.
-
What are the risks involved when investing in state and local securities?
-
A first-time shareholder has approached you requesting some advice. The shareholder has received the company's annual report and noticed the following statement in the summary of significant...
-
View Policies Current Attempt in Progress REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, 1 0 2 snowboards...
-
*Please explain how you got the answers* The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2019. The drum...
Study smarter with the SolutionInn App