[Solved] How much would you need to deposit in an

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

How much would you need to deposit in an account each month in order to have $ 3 0 , 0 0 0 in the

How much would you need to deposit in an account each month in order to have $

30, 000

in the account in seven years? assume the account earns

7 %

interest

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

The Handbook Of News Analytics In Finance

Authors: Gautam Mitra, Leela Mitra

1st Edition

ISBN: 047066679X, 978-0470666791

More Books

Students also viewed these Finance questions

Question

★★★★★

a. Scenario 1: Based on your review of Amazons historical EVA and EVA Momentum performance, would you describe Amazons valuation and market-expected EVA growth path as over-valued, fairly valued, or...

Answered: 1 week ago

Question

★★★★★

Using Quickbooks online Thursday, August 13, 2026 There were several small sales paid with cash; create a customer called Daily Sales and post a sales receipt, 2026, for 12 Fresh Flower Bouquets....

Answered: 1 week ago

Question

★★★★★

15.3. Critically evaluate inpatient and outpatient treatment programs for adolescents with eating disorders.

Answered: 1 week ago

Question

★★★★★

The following information relates to Dorian Industrial for fiscal 2011, the companys first year of operation: Units produced ............... 420,000 Units sold.................. 400,000 Selling price...

Answered: 1 week ago

Question

★★★★★

urses Activities - + Fit to page Page view A' Read alo arted on Wednesday, March 23, 2016, 6:05 PM State Finished ileted on Wednesday, March 23, 2016, 6:38 PM me taken 33 mins 18 secs Marks...

Answered: 1 week ago

Question

★★★★★

Descriptive Statistics Hours sleeping: 6.4833 Hours studying: 2.03 Calorie Intake: 1565.63 Hours Exercising: 0.838333 Hours on Social Media: 1.93833 Descriptive Statistics Hours sleeping: 6.4833...

Answered: 1 week ago

Question

★★★★★

Three Company uses a process organized into two service or support departments (Support 1 and Support 2) and two producing departments (Production 1 and Production 2).Budgeted data for the four...

Answered: 1 week ago

Question

★★★★★

Assume that the differences are normally distributed. Complete parts (a) through (d) below. Observation 1 2 3 4 5 6 7 8 X 46.7 46.8 48.7 43.9 47.5 48.1 44.8 48.3 50.9 47.9 51.6 48.3 47.3 51.2 45.9...

Answered: 1 week ago

Question

★★★★★

this is kimon and he designed a new range of sneakers that are made from recyclable materials such as plastic and rubber. he also made sure that the sole is as comfortable as possible and that these...

Answered: 1 week ago

Question

★★★★★

I'm confused by the pictures here Residential Fire Damage Claims, 2010-2020 14,000 12.000 10,000 8,000 Thousands of Dollars 6,000 - 4.000 2,000 2010 2015 2020 Source: Insurance company records ()...

Answered: 1 week ago

Question

★★★★★

5. Suppose that you get the following regression result from a sample of 277 observations: = 4.57 +0.188x1 - 0.22x2 + 0.171x3 0.92x4 (0.25) (0.040) (0.21) (0.055) (0.33) R = 0.353 The numbers in the...

Answered: 1 week ago

Question

★★★★★

Describe three other types of visual aids.

Answered: 1 week ago

Question

★★★★★

Describe five types of graphs and construct graphs for various purposes.

Answered: 1 week ago

Question

★★★★★

Describe five types of tables and charts and explain an appropriate use for each type.

Answered: 1 week ago

Previous Question Next Question