FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ananta deposited Rp10,000,000.00 with compound interest at x% per 6 months. Meanwhile, Asnawi deposited the amount of Rp20,000,000.00 in different banks with a single interest

Ananta deposited Rp10,000,000.00 with compound interest at x% per 6 months. Meanwhile, Asnawi deposited the amount of Rp20,000,000.00 in different banks with a single interest rate of x%. Both earn the same money in the eighth year. Determine the value of x?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Solution For Ananta nt PI Afuture value P principal T an... blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Managerial Economics A Problem-Solving Approach

Managerial Economics A Problem-Solving Approach

Authors: Luke M. Froeb, Brain T. Mccann

2nd Edition

B00BTM8FK0

More Books

Students also viewed these Accounting questions

Question

★★★★★
Banks earn money by borrowing from depositors at low interest rates and lending to individuals and businesses at high interest rates. As banks grow, they split into functional divisions that either...

Answered: 1 week ago

Question

★★★★★
Amount in Dollars Amount in Dollars Sales 1 00 000 79 900 Cost of goods sold 47 500 39 950 Operating expenses 750 500 Selling expenses 9 500 9 000 Administrative expenses 12 000 12 000 Net income 30...

Answered: 1 week ago

Question

★★★★★
The interest rate at which London banks lend money to one another is called the London interbank offered rate, or Libor. The British Bankers Association regularly surveys international banks for the...

Answered: 1 week ago

Question

★★★★★
You're pretty sure that your candidate for class president has about 55% of the votes in the entire school. But you're worried that only 100 students will show up to vote. How often will the underdog...

Answered: 1 week ago

Question

★★★★★
The file Sedans contains the overall miles per gallon (MPG) of 2014 midsized sedans: a. Construct a 95% confidence interval estimate for the population mean MPG of 2014 midsized sedans, assuming a...

Answered: 1 week ago

Question

★★★★★
What is the banks risk-adjusted asset base? (LG 13-7) LO.1

Answered: 1 week ago

Question

★★★★★
How can assertiveness help you cope with anger? Critical T hinking

Answered: 1 week ago

Question

★★★★★
1. Identify and discuss the risks in Westinghouse Electrics Cornerstone project. 2. Why was change management so important for this project and this company? 3. What management, organization, and...

Answered: 1 week ago

Question

★★★★★
match the term to its description Term B. C. F. Descriptions New techniques designed to measure more accurately and control costs; developed in response to today's complex automated business...

Answered: 1 week ago

Question

★★★★★
The following is the text for an opinion on internal control for W Company, an issuer. Some words or phrases have been replaced with numbers (e.g., [1], [2], etc.). Select from the option list...

Answered: 1 week ago

Question

★★★★★
Find a general form of y(x): Find ala dy dx 5 = 3x + +5 x z(x, y, t) = xyt + y

Answered: 1 week ago

Question

★★★★★
Assume that the State of Florida passed a law banning the importation of baitfish. This is an environmental law designed to protect the state's fish from nonnative predators and parasites....

Answered: 1 week ago

Question

★★★★★
You have a food budget for the week of $50, which you can spend on rice or vegetables. Rice costs $1 per meal, and vegies cost $4 per meal. Your main preference is to have 20 meals per week. Fewer...

Answered: 1 week ago

Question

★★★★★
Prior to beginning work on this discussion forum, review Chapters 1, 2 and 3 of your textbook, Principles of Microeconomics and the materials on the "Weekly Lecture" page. The demand for plums is...

Answered: 1 week ago

Question

★★★★★
Creating graphical display The newly created data set will be used to compare the BMI of smokers to non-smokers. Create the following graphs in Excel: Using the column labeled Smoker (not sorted by...

Answered: 1 week ago

Question

★★★★★
Case Study Given the recent Covid-19 pandemic, the academic staff of York Town Primary School (YTPS) has been mandated to work from home. This would mean that both teachers and students remain home...

Answered: 1 week ago

Question

★★★★★
The irreversible gas phase reaction AB+C is carried out in a constant pressure batch reactor at 400 ?C and 5atm pressure. The reaction is first-order and the time required to achieve 60% conversion...

Answered: 1 week ago

Question

★★★★★
Refrigerant-134a enters an adiabatic compressor as saturated vapor at 120 kPa at a rate of 0.3 m3/min and exits at 1-MPa pressure. If the isentropic efficiency of the compressor is 80 percent,...

Answered: 1 week ago

Question

★★★★★
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: If the numbers of home and commercial...

Answered: 1 week ago

Question

★★★★★
A can manufacturing company produces and sells three different types of cans: Versions X, Y, and Z. A high-level, simplified profit/loss statement for the company is provided here. Corporate overhead...

Answered: 1 week ago

Question

★★★★★
1. Six bidders in an oral auction place the following values on a good: ($6, $5, $4, $3, $2, $1). In an oral competitive auction, what is the winning price? a. $3 b. $4 c. $5 d. $6 2. Suppose that...

Answered: 1 week ago

Question

★★★★★
What advice could psychologists give lawyers as to how to be persuasive in court?

Answered: 1 week ago

Question

★★★★★
W hat gender differences have been reported as far as lying is concerned?

Answered: 1 week ago

Question

★★★★★
How accurate can the polygraph be in detecting lies? Should such evidence be admissible in court? If not, why not?

Answered: 1 week ago

Previous Question Next Question