To what amount will $10,000 grow after 25 years if it earns: a. 9% compounded annually? b.
Question:
a. 9% compounded annually?
b. 9% compounded semiannually?
c. 9% compounded quarterly?
d. 9% compounded monthly?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Given PV 10000 Term 25 years j 9 m i n Maturity amount a 1 9 ...View the full answer
Answered By
Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
One of the most common reasons why projects undergo scope changes is: A. Poor work breakdown structure B. Poorly defined statement of work C. Lack of resources D. Lack of funding
-
One subunit of Racer Sports Company had the following financial results last month: Requirements 1. Complete the performance evaluation report for this subunit (round to two decimal places). 2. Based...
-
Mamie Henry, a widow, died leaving no children, but she was survived by several nieces and nephews. At first no will was found, and Joe Barksdale, a nephew, was appointed administrator of Mrs. Henrys...
-
To what amount will $10,000 grow after 25 years if it earns: a. 9% compounded annually? b. 9% compounded semiannually? c. 9% compounded quarterly? d. 9% compounded monthly?
-
Northwest Magazine sells subscriptions for $36 for 12 issues. The company collects cash in advance and then mails out the magazines to subscribers each month. Requirement 1. Apply the revenue...
-
The contribution into an IRA for a particular year can be made any time from January of that year to April 15 of the following your supposo Enid and Lucy both set up traditional IRA accounts on...
-
How much will $10,000 be worth after 25 years if it earns: a. 6% compounded semiannually? b. 7%compoundedsemiannually? c. 8% compounded semiannually?
-
$10,000 is invested at 7% compounded annually. Over the next 25 years, how much of the investments increase in value represents: a. Earnings strictly on the original $10,000 principal? b....
-
Consider Business Weeks Guide to the Best Business Schools (Sth edition, 1997) enrollment data for 50 top-rated graduate business programs in the United States. Specifically, this guide reports the...
-
Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak started 5 years ago. In the current year, both companies pay 8% interest...
-
Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the current account and its subaccounts. A Summary of the U.S. Balance of Payments for...
-
2) Share what interested you in taking this course and what you hope to get from taking the course. There have been college-wide discussions regarding concerns with grading in online courses....
-
Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning...
-
Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $127,000 of materials. Also during the month of June, Slapshot Company incurred...
-
For a fish swimming at a speed relative to the water, the energy expenditure per unit time is proportional to v3. It is believed that migrating fish try to minimize the total energy required to swim...
-
Should we separate the debt and equity features of convertible debt? Team 1: Pro separation: Present arguments in favor of separating the debt and equity features of convertible debt. Team 2: Against...
-
During June, Lewis Company accumulated 1,200 hours of direct labor costs on Job 30 and 1,300 hours on Job 32. The total direct labor was incurred at a rate of $16 per direct labor hour for Job 30 and...
-
During May, Thomson Company incurred factory overhead costs as follows: indirect materials, $24,500; indirect labor, $64,500; utilities cost, $5,800; and factory depreciation, $45,200. Journalize the...
-
During June, Lewis Company incurred factory overhead costs as follows: indirect materials, $6,000; indirect labor, $7,600; utilities cost, $3,200; and factory depreciation $7,200. Journalize the...
-
8. During its first five years of operations, Amish Consulting reports net income and pays dividends as follows. Year Net Income Dividends 12345 $5,000 $2,000 2 4,000 3,000 3 6,000 2,000 14,000 4,000...
-
Ollivander Wands purchased new equipment costing $250,000. Ollivander expects the new equipment to generate cash savings as follows: Year Cash Savings 1 $40,000 2 $50,000 3 $85,000 4 $75,000 5...
-
Define opportunity cost. A. Expected future costs that differ among the alternative courses of action being considered. B. The sum of all costs (variable and fixed) in a particular business function...
Study smarter with the SolutionInn App