How much would you need to deposit on March 10 into an account earning 5% if your
Question:
How much would you need to deposit on March 10 into an account earning 5% if your goal is to have $7500 on December 1 of the same year?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
In simply AP1rt where A is the end a...View the full answer
Answered By
DAIS JACOB JOSE
my teaching is different from others.i mainly uses simple methods for solving mathematical problems which are made by myself.so by my teaching i think an avaeage student can easly understood.also m own problem solving techniques are very simple by which you can save more time
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
Question Posted:
Students also viewed these Mathematics questions
-
1-Two brothers each open IRAs in 2009 and plan to invest $3,000 per year for the next 30 years. John makes his first deposit on January 1, 2009, and will make all future deposits on the first day of...
-
1. Identify the stage of the life cycle that best describes Cory and Tisha today. What important financial planning issues characterize this stage? 2. Based on the issues identified in Question 1 and...
-
write a job description for Bill Ryan's job. What other information would you need to write a better job description? Remember, this is a job description, not a help wanted ad. Please do your own...
-
Lopez Company uses a job order cost accounting system that charges overhead to jobs on the basis of direct material cost. At year-end, the Goods in Process Inventory account shows the following. 1....
-
A mixture of 2 kmol of CO2 and 1 kmol of O2 is heated to 3200 K at a pressure of 5 atm. Determine the equilibrium composition of (a) CO, (b) CO2 (in kmols) assuming that only CO2, CO, O2 and O are...
-
Many drugs used to treat cancer are expensive. BusinessWeek reported on the cost per treatment of Herceptin, a drug used to treat breast cancer (BusinessWeek, January 30, 2006). Typical treatment...
-
Participating in a market. LO.1
-
The bookkeeper for Willingham Corporation made these errors in journalizing and posting. 1. A credit posting of $400 to Accounts Receivable was omitted. 2. A debit posting of $750 for Prepaid...
-
King Supply maintains its intemal inventory records using perpetual FIFO, but for financial reporting purposes, reports ending Inventory and cost of goods sold using periodic LIFO. At the beginning...
-
Below is a brief description of a design-&-build power plant project. The top (i.e. northern) half of the plant plot contains the evaporation pond and tanks for storage of fuel. The...
-
A $6500 Joan at 5.75% was advanced on June 17, 2013. How much interest was due when the Joan was repaid on October 1, 2013?
-
A $3000 loan on March 1 was repaid by payments of $500 on March 31, $1000 on June 15, and a final payment on August 31. How much was the third payment if the interest rate on the loan was 8.25%?
-
Assume that you have been asked to review the power needs for a standalone computer system which processes important but noncritical data and does not have to be online at all times, and which stores...
-
The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education in business analytics. One of...
-
For a data set of the pulse rates for a sample of adult females, the lowest pulse rate is 38 beats per minute, the mean of the listed pulse rates is x = 78.0 beats per minute, and their standard...
-
A student earned grades of A, C, B, A, and D. Those courses had these corresponding numbers of credit hours: 5, 3, 4, 3, and 2. The grading system assigns quality points to letter grades as follows:...
-
Ch 3: Forecasting: Tracking Signals, Mad, Exponential Smoothing, Control Charts Media Consultants (10 Pts). Media Consultants uses proven techniques to measure forecast accuracy and to determine when...
-
Question 2 What is the energy (in joules) of the photon absorbed by a hydrogen atom to cause a ground-state electron to move to the n = 3 energy level? Record your answer in scientific notation to 3...
-
In Example 8.52 we noted that reference counts can be used to reclaim tombstones, failing only when the programmer neglects to manually delete the object to which a tombstone refers. Explain how to...
-
When is the indirect pattern appropriate, and what are the benefits of using it?
-
Implement the test suggested in Problem 9.36, and report a two-sided p-value? Ophthalmology Refer to the data set in Tables 7.9 and 7.10 (p. 274). Table 7.9: Randomization assignment Eyo Eye Subject...
-
Compare the results in Problem 9.37 with those obtained in Problem 7.78 (p. 274)? Ophthalmology Refer to the data set in Tables 7.9 and 7.10 (p. 274). Table 7.9: Randomization assignment Eyo Eye...
-
Answer the question in Problem 7.79 (p. 274) using nonparametric methods, and compare your results with those obtained using parametric methods?
-
Saly paid $52,000 a year paid on a weekly basis. last pay she had $250 withheld in Income Tax, $48.97 for CPP and $15.80 for EI. an additional $and 25.00 in tax are deducted each pay. She allowed to...
-
Required information [The following information applies to the questions displayed below.] Dain's Diamond Bit Drilling purchased the following assets this year. Asset Drill bits (5-year) Drill bits...
-
Which of the following partnership items are not included in the self-employment income calculation? Ordinary income. Section 179 expense. Guaranteed payments. Gain on the sale of partnership...
Study smarter with the SolutionInn App