Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

A $100,000 investment is made in a US Savings Bond that pays 2.50% per year over 10 years. What is the total amount of the

A $100,000 investment is made in a US Savings Bond that pays 2.50% per year over 10 years. What is the total amount of the investment after 10 years, if compounded semi-annually? (Round to the nearest whole dollar)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

=+4. Yen, Durrheim, and Tafarodi (2018) published a fascinating discourse analysis of what happens when people are confronted with the IAT, and discover that they do (or do not) show implicit...

Answered: 1 week ago

Question

★★★★★

You have just been hired as a planner for the municipal school system, and your first assignment is to redesign the subsidized lunch program. In particular, you are to formulate the least expensive...

Answered: 1 week ago

Question

★★★★★

A $100,000 investment is made in a US Savings Bond that pays 2.50% per year over 10 years. What is the total amount of the investment after 10 years, if compounded semi-annually? (Round to the...

Answered: 1 week ago

Question

★★★★★

What kind of slope does the aggregate demand curve have? Multiple Choice downward, like individual supply curves. downward, like individual demand curves. upward, like individual supply curves....

Answered: 1 week ago

Question

★★★★★

Rockfest, an annual concert put on by Hard Rock. The concert lasts for 13 hours and is attended by over 100,000 fans. Planning for the event begins nine months ahead of time. Microsoft Project is...

Answered: 1 week ago

Question

★★★★★

If you were in Ivan's situation and weren't sure of how to provide accommodation for Keeton, what TWO options would be the best to use as resources? A. There are no resources for this B. A different...

Answered: 1 week ago

Question

★★★★★

f. Which has higher memory utilization in your device, the background/system processes or the application processes? Briefly explain the condition of processes in your device to support your answer....

Answered: 1 week ago

Question

★★★★★

Articulate the internet recruiting strategy you will suggest for Kohl\'s and justify your selections. Will Kohl\'s have a jobs page linked to the website? Will you also use sites, such as LinkedIn or...

Answered: 1 week ago

Question

★★★★★

HR wants to send the completed budget reports to the various department managers ( managers are employees ) . To do so , they need a current listing of the department managers to contact. For this...

Answered: 1 week ago

Previous Question Next Question