Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 10, 2024

If a person spends $12 a week on coffee (assume $600 a year), what would be the future value of that amount over 15 years

If a person spends $12 a week on coffee (assume $600 a year), what would be the future value of that amount over 15 years if the funds were deposited in an account earning 2 percent?

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 Palgrave Handbook Of Government Budget Forecasting

Authors: Daniel Williams, Thad Calabrese

1st Edition

3030181944, 978-3030181949

More Books

Students also viewed these Finance questions

Question

★★★★★

An aligned optical system consists of two thin lenses with focal lengths f1 and f2, the distance between the lenses being equal to d. The given system has to be replaced by one thin lens which, at...

Answered: 1 week ago

Question

★★★★★

Plot the given polar coordinate points on polar coordinate paper. (8, 7/6)

Answered: 1 week ago

Question

★★★★★

=+14.6. 12.31 A Borel function satisfying Cauchy's equation [A20] is automatically bounded in some interval and hence satisfies f(x) =xf(1). Hint: Take K large enough that A[x: x > s, If(x)| K] > 0....

Answered: 1 week ago

Question

★★★★★

For 100 births, P(exactly 56 girls) = 0.0390 and P(56 or more girls) = 0.136. Is 56 girls in 100 births a significantly high number of girls? Which probability is relevant to answering that question?

Answered: 1 week ago

Question

★★★★★

ASD3 project: Goal: The goal of this project is to use binary search trees to index a given text file. This tree contains the different words of the text file with the occurrences of the words in the...

Answered: 1 week ago

Question

★★★★★

A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the current period, unprocessed wheat was purchased for $400,000, and the following quantities of...

Answered: 1 week ago

Question

★★★★★

Tom Hruise was an entertainment executive who had a fatal accident on a film set. Tom's will directed his executor to distribute his cash and stock to his spouse, Kaffie, and the real estate to a...

Answered: 1 week ago

Question

★★★★★

All questions are about NAFTA: 4-5+ sentences per question Are you able to describe the social environment impact on business NAFTA created? Based on your opinion, do you see a need for changes in...

Answered: 1 week ago

Question

★★★★★

You are a senior leader in a school or business and have been asked to conduct an internal audit of the organization's HR functions. If you were to write a memo to supervisors in your organization...

Answered: 1 week ago

Question

★★★★★

Determine the position of the centre of gravity (c.g.) and 2nd moment of inertia with respect to c.g. of the section shown below, where A = 6 mm and B 4 mm. X B a) Calculate the X = b) y A B mm with...

Answered: 1 week ago

Question

★★★★★

Create a variable named "$Cred" and use a parenthetical with the Get-Credential cmdlet Run this line of code and it will prompt you for the Username and Password for the remote computer. The results...

Answered: 1 week ago

Question

★★★★★

1. To what extent do you think the organisations mentioned here would benefit from using the Health and Safety Executives stress management standards as a part of their stress policies?

Answered: 1 week ago

Question

★★★★★

describe the Health and Safety Executives approach to stress management.

Answered: 1 week ago

Question

★★★★★

3. Do you think that measures of health, safety and wellbeing should be included as a part of the balanced scorecard approach in organisations?

Answered: 1 week ago

Previous Question Next Question