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

Question

1 Approved Answer

d The owner of the company CLCULO Financier has decided to deposit in the bank for a fixed term for 5 semesters the amount of

dimage text in transcribed

The owner of the company CLCULO Financier has decided to deposit in the bank for a fixed term for 5 semesters the amount of $20,000, with a compound interest rate of 2%, per annum. How much will you have in your account at the end of the period? Which is the correct answer(showing the mathematic calculus please to found the answer )

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Chronic Regulatory Focus And Financial Decision Making Asset And Portfolio Allocation

Chronic Regulatory Focus And Financial Decision Making Asset And Portfolio Allocation

Authors: Navin Kumar

1st Edition

9812876936, 978-9812876935

More Books

Students also viewed these Finance questions

Question

★★★★★
Electronic flash units for cameras contain a capacitor for storing the energy used to produce the flash. In one such unit, the flash lasts for 675S with an average light power output of 2.70 X 105W....

Answered: 1 week ago

Question

★★★★★
In Figure 2.8a , jobs arrive at times t = 0, 1, 1.5, 3.25, 5.25 and 7.75. The corresponding completion times are t = 2, 3, 3.5, 4.25, 8.25 and 8.75. a. Determine the area of each of the six...

Answered: 1 week ago

Question

★★★★★
=+20.20. (a) Suppose that f: R2 - R' is continuous. Show that X ,, - p X and Y ,, -, Y imply f(X ,, Y ,, ) -+p f(X,Y).

Answered: 1 week ago

Question

★★★★★
For each of the cases shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the...

Answered: 1 week ago

Question

★★★★★
Ivanhoe Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $28,600....

Answered: 1 week ago

Question

★★★★★
In late 2016, Jennifer Parker was promoted to manager of the TG division of United Connections, Inc. Jennifer was one of the first employees United Connections hired when it started the TG division...

Answered: 1 week ago

Question

★★★★★
XYZ Corp. has prepared the following budget information for the second quarter: Various Operating Budget Information April May June Sales Forecast ( units of finished goods) 13,000 units 19,500 units...

Answered: 1 week ago

Question

★★★★★
Yukon territorial government entered into an agreement with HEMI to open a warehouse in Whitehorse . The agreement required the Yukon territorial government to prepay $10, 000 ,000 for future...

Answered: 1 week ago

Question

★★★★★
By recognizing the series 1+ 12n +. + +as 3! n! 12 144 1728 + + 1! 2! a Taylor series evaluated at a particular value of x, find the sum of the series. NOTE: Enter the exact answer or round to three...

Answered: 1 week ago

Question

★★★★★
A river where drinking water is taken is feared to have been polluted by coliform bacteria In order to investigate this, we take a sample tube of water at n randomly selected sites from the river...

Answered: 1 week ago

Question

★★★★★
(a) Prove that the equation has at least one real solution. (b) Use a calculator to find an interval of length 0.01 that contains a solution. 59. cos x = x3 60. x5x2 + 2x + 3 = 0 61-62 (a) Prove that...

Answered: 1 week ago

Question

★★★★★
Describe the relationship between individual and group behavior and organizational performance.

Answered: 1 week ago

Question

★★★★★
How do you regularly measure these costs and revenues and communicate them through the organization?

Answered: 1 week ago

Question

★★★★★
List the three approaches to handling human relations problems and discuss which is the most effective approach.

Answered: 1 week ago

Previous Question Next Question