How many days would it take for Shelbys investment of $4300 to accrue $147 in interest if
Question:
How many days would it take for Shelby’s investment of $4300 to accrue $147 in interest if she is able to earn a rate of 1.25 percent?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
t Ip x t It would take approximatel...View the full answer
Answered By
Upasana Nasa
I am a dedicated and hardworking tutor committed to ensuring the success of my students. I am an experienced tutor who has tutored for the last 3 years, which gives me broad experience as a tutor and enable's me to tailor my style to the specific needs of a student. I provide step by step explanation of any problem to enable a student to follow, learn, and understand how to work on the problem on their own.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is liquidity? How is your personal cash flow statement used to help manage your liquidity? Why is liquidity necessary?
-
What is a stop payment? How do you create a stop payment?
-
Garnett was amazed to hear that his friend Lindsey always pays off her credit card at the end of each month. Garnett just assumed that everyone used credit cards the same way buy now, pay later....
-
tell us about a product or service that has been a hit by changing the product's target or the company's position. And why do you think it worked
-
A radioactive substance has a half-life of 700 years. If there were 10 grams initially, how much would be left after 300 years?
-
In Exercises, find a linear cost function. Eight units cost $300; fixed cost is $60.
-
In the benzene adsorber of Example 9.7, the flow rate is increased to \(0.25 \mathrm{~m}^{3} / \mathrm{s}\). Calculate the breakthrough time and the fraction of the bed adsorption capacity that has...
-
On January 1, 2014, Prasad Corporation had the following stockholders equity accounts. Common Stock ($25 par value, 48,000 shares issued and outstanding) ..................$1,200,000 Paid-in Capital...
-
Change Janets Schedule In Question 5 Above, You Calculated What The Schedule Would Look Like If Janet Had Made One $285.05 Payment In January 2022. You Did It By Hand, But The Bankrate Calculator Has...
-
Suppose in the population, the Anger-Out score for men is two points higher than it is for women. The population variances for men and women are both 20. Assume the Anger-Out scores for both genders...
-
What rate of interest did Alberto receive over a period of 67 days if he invested $7444 and received interest in the amount of $157?
-
Hamza has recently received a bonus of $5000 from her employer. She is not sure what she would eventually like to do with this money. For the time being she is considering two GIC investment options:...
-
Consider Fig. 4-27. Is it possible that for some particular block number the counters in both lists have the value 2? How should this problem be corrected?
-
I have 720 grams of chemical A and mix it with 80 grams of chemical B. I accidentally put 730 grams of chemical A in. How much more of chemical B do I need to add to keep the same ratio?
-
You will soon be joining the job market. The skills you've developed in this course can be applied directly to the interview process. Of all the interview techniques described in this module, name...
-
What role does psychological contract theory play in understanding the reciprocal expectations between principals and agents in delegated relationships, and how can discrepancies in these contracts...
-
A company offers 4.5% matching on a retirement annuli;ty plan. An employee with 48,000 annual salary decides to contribute 6% monthly. What will be the company monthly contribution to th annulty?
-
May 1 Food inventory value: $73,480 May 31 Food Inventory value: $77,550 Cost of food during May $386,410 1. What is the inventory turnover rate for food products for VPC Restaurant? 2. What does the...
-
It is late 2019, and the U.S. economy is showing signs of slipping into a potentially deep recession. Government policymakers are searching for income-tax-policy changes that will bring about a...
-
Based on the scenario described below, generate all possible association rules with values for confidence, support (for dependent), and lift. Submit your solutions in a Word document (name it...
-
1. Why should people invest? Give three reasons each for college students, young college graduates in their 20s, couples with young children, and people in their 50s. 2. Review Figure, Long-Term...
-
1. Sheldon Cooper and Amy Farrah live in Pasadena, California; have as a new investment goal to create a college fund for their newborn daughter. They estimate that they will need $200,000 in 18...
-
(a) In what types of investments (choose only two) might the Johnsons place the first $2000? Give reasons for your selections. (b) In what types of investments might they place the next $4000? Why?...
-
Write a C++ program that displays a message as "Welcome to CS 280 in Spring 2023 Semester", and prompts the user to enter his/her first name and his/her last name. The program should read the user's...
-
View Video Title: Ethnography - Ellen Isaacs at TedX (TedTalk) Compare the 5-Step Marketing Research Process to the NYC Parking Problem Study conducted by Isaacs Ethnography was used as the marketing...
-
Matthew is a single taxpayer and qualifies for the earned income credit. he has two qualifying children his wages are $18,900 and receives dividends income of $900 what is the earned credit income...
Study smarter with the SolutionInn App