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

Question

1 Approved Answer

,If we deposit 100,000 Dollars to saving account and If the bank adds interest twice a year and the annual interest rate will be fixed

,If we deposit 100,000 Dollars to saving account and If the bank adds interest twice a year and the annual interest rate will be fixed at 12% at least for 2 years (which means 4 times in two years with rate 12%) What is the net return of that investment (excluding original investment)? EXPLAN N DETAL STEP BY STEP

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

Finance

Finance

Authors: Angelico Groppelli, Ehsan Nikbakht

2nd Edition

0812043731, 978-0812043730

More Books

Students also viewed these Finance questions

Question

★★★★★
In conventional powder metallurgy manufacture, the material is compacted with applied pressure at room temperature and then sintered by elevated temperature at atmospheric pressure. With P/M hot...

Answered: 1 week ago

Question

★★★★★
What is meant by the statement, What exists is not a set of social classes but a series of status continua?

Answered: 1 week ago

Question

★★★★★
2. Comprehend the general psychological explanations of offending (attachment theory; personality theory; social learning theory; lifestyle theory)

Answered: 1 week ago

Question

★★★★★
What was Facebooks accounting effective tax rate for 2018? What items caused the companys accounting effective tax rate to differ from the hypothetical tax rate of 21 percent? What was the companys...

Answered: 1 week ago

Question

★★★★★
1 Etisalat is in the process of choosing the better of two equal-risk, independed capital expenditure projects-A and B. The relevant cash flows for each project are shown in the following table. The...

Answered: 1 week ago

Question

★★★★★
BioScience Inc. will pay a common stock dividend of $7.50 at the end of the year (D_1), The required return on common stock (K_e) is 20 percent. The firm has a constant growth rate (g) of 9 percent....

Answered: 1 week ago

Question

★★★★★
14. A dam wall is to be built across a valley that may be approximated as a semi-circle for initial estimates, as shown in the diagram below. Derive an equation to determine the total hydrostatic...

Answered: 1 week ago

Question

★★★★★
Calculate the average, moving range, MR-bar, LCL, UCL, and Standard Deviation using the data set below. Please show the excel formulas used for each calculation. CoursHeroTranscribedText Sample Data...

Answered: 1 week ago

Question

★★★★★
How likely are you to get a coverage probability less than the specified coverage probability of 0.9? 0 Count 25 50 75 0.80 0.85 0.90 0.95 Coverage probability

Answered: 1 week ago

Question

★★★★★
Digby is a Niche Cost Leader (Low Technology) Review the Inquirer to determine Digbys current strategy. How will they seek a competitive advantage? From the following list, select the top five...

Answered: 1 week ago

Question

★★★★★
ellaborate on the following; Even while diversity, equality, and inclusion ( DEI ) in the workplace are important, many firms find it difficult to prioritize and carry out worthwhile efforts. The...

Answered: 1 week ago

Question

★★★★★
=+ii. Parallel construction Save money. Live better (slogan for Walmart).

Answered: 1 week ago

Question

★★★★★
=+viii. Connectors to join sentences and paragraphs, like on the other hand, because, but, the best part is, etc. 3. About the layout.

Answered: 1 week ago

Question

★★★★★
=+iii. Rhyme Hooray for the everyday (headline for 2011 Ikea catalogue, http://onlinecatalog.ikea-usa.com/2011/ikea_catalog/US/).

Answered: 1 week ago

Previous Question Next Question