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

Question

1 Approved Answer

E Que How much will deposits of $165 made at the end of each month amount to after 8 years if interest is 6% compounded

image text in transcribed
E Que How much will deposits of $165 made at the end of each month amount to after 8 years if interest is 6% compounded annually? The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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

Personal Finance

Personal Finance

Authors: Megan Noel, Dan French

2nd Edition

1465246479, 9781465246479

More Books

Students also viewed these Finance questions

Question

★★★★★
An electric current is given by the expression I (t) = 100 sin (120t), where I is in amperes and t is in seconds. What is the total charge carried by the current from t = 0 to t = (1/240) s?

Answered: 1 week ago

Question

★★★★★
13.51 Hall of Fame induction Baseballs highest honor is election to the Hall of Fame. The history of the election process, however, has been filled with controversy and accusations of favoritism....

Answered: 1 week ago

Question

★★★★★
Discuss essential concepts of family therapy.

Answered: 1 week ago

Question

★★★★★
Collins Corporation issued 10,000 shares of no-par common stock for $20 per share. Collins also issued 2,000 shares of $50 par, 5 percent noncumulative preferred stock at $55 per share. Required...

Answered: 1 week ago

Question

★★★★★
Molander Corporation es un distribuidor de sombrillas que se utilizan en los hoteles tursticos. Los datos relativos al presupuesto del prximo mes se muestran a continuacin: Precio de venta $27 por...

Answered: 1 week ago

Question

★★★★★
Which of the following could be an example of Recommendation Systems? (1) A job recommendation system that retrieves a list of job positions that satisfy a job seeker's desire based on past work...

Answered: 1 week ago

Question

★★★★★
Solve the triangle. A=49,b=8,c=9 a= (Do not round until the final answer. Then round to the nearest tenth as needed.) B= (Do not round until the final answer. Then round to the nearest degree as...

Answered: 1 week ago

Question

★★★★★
Discuss some aspect of the source (http://new-courses.justice.eku.edu/OSH/OSH366/Docs/OSH366W6_SickBuildingSyndrome.pdf) that you found interesting and why

Answered: 1 week ago

Question

★★★★★
Fortune Inc., a manufacturer of plastic materials useful for various textile company, expended P2,050,000 in research and development costs which resulted to a new formula which makes its plastic...

Answered: 1 week ago

Question

★★★★★
a force 4 5 0 N is applied to a small piston of area 5 0 cm ^ 2 on a hydraulic jack. the hydraulic jack is required to lift a load 1 8 9 3 . 2 N . Calculate the area of the larger piston using...

Answered: 1 week ago

Question

★★★★★
What quality related management issues have to be in place in order to support a successful IT integration of e - commerce technology ?

Answered: 1 week ago

Question

★★★★★
Which of these could be considered to be advantages of CAQDAS packages? a You can find concealed data. b Report writing is straightforward. c You can re-analyse data easily. d No training is...

Answered: 1 week ago

Question

★★★★★
Does your supervisor or tutor have specific expertise in data analysis that would be helpful for you?

Answered: 1 week ago

Question

★★★★★
How clear are you about your research questions? What are the main themes that you are likely to explore when you analyse your data? What initial categories might you use for the analysis?

Answered: 1 week ago

Previous Question Next Question