Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

If you decide to invest your 23,000$ into 6 year 11% compund rate saving account, how much woulo you make compare to putting your money

image text in transcribed

If you decide to invest your 23,000$ into 6 year 11% compund rate saving account, how much woulo you make compare to putting your money into simple interest elect one: a.43,020 b.4,840 c.25,102 d.7,321

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

Health Care Finance Economics And Policy For Nurses

Authors: Betty Rambur

2nd Edition

0826152538, 978-0826152534

More Books

Students also viewed these Finance questions

Question

★★★★★

Joan is a single individual who works for Big Petroleum, Inc. During all of 2011, she is stationed in West Africa. She pays West African taxes of $19,000 on her Big Petroleum salary of $88,000. Her...

Answered: 1 week ago

Question

★★★★★

I need a Raptor Flowchart for the following 1. Have a procedure called FallingDistance which has one input parameter, seconds, and one output parameter, distance. 2. Compute the distance in feet an...

Answered: 1 week ago

Question

★★★★★

3. Check with new students, shy students, slower students, and students who have difficulty reading to make sure they understand the questions.

Answered: 1 week ago

Question

★★★★★

1. Describe the experiential learning process that companies mentioned in this case study apply to learn from their mistakes and failures. 2. What perceptual problems do managers need to overcome...

Answered: 1 week ago

Question

★★★★★

New York Times news Oct 22, 2012, BP board approves Russia deal. For BP, the sale comes as the biggest step in putting its global business on a new footing by selling older, less profitable fields...

Answered: 1 week ago

Question

★★★★★

You have just negotiated a 5 year mortgage on $400,000 amortized over 25 years at a rate of 3.5%. After 5 years assume that the mortgage rate remains the same but you increase the payments by 500...

Answered: 1 week ago

Question

★★★★★

Mr. Jones is contemplating retirement. He has just celebrated his 55th birthday and his net worth is $2 million. He hopes that after retirement he can maintain a lifestyle that costs him $100,000 per...

Answered: 1 week ago

Question

★★★★★

5. A manager of a Merchandising firm wishes to test whether its three salesmen X, Y and Z tend to make sales of the same size or whether they differ in their selling abilities. During a week there...

Answered: 1 week ago

Question

★★★★★

What is one way a professional running a lineup can make the procedure suggestible to an eyewitness? A) encouraging the witness when they identify the suspect B) remaining silent when witnesses make...

Answered: 1 week ago

Question

★★★★★

Suppose that 3000 drivers in Wakanda were randomly breath-tested on 21 April 2019 and 116 were above the limit of 0.05 blood-alcohol level. On 15 May 2019, 4000 drivers were tested and 98 were above...

Answered: 1 week ago

Question

★★★★★

Which of the following is an appropriate guideline for waste disposal? O a. Clean trash cans regularly to remove drips and crumbs that provide food for pests Ob. Do not use plastic liners in trash...

Answered: 1 week ago

Question

★★★★★

What are the risk management exposures revealed in the case? And, how might these be addressed?

Answered: 1 week ago

Question

★★★★★

Identify each of the parties affected by events reported in the case.

Answered: 1 week ago

Question

★★★★★

Is SHRD compatible with individual career aspirations

Answered: 1 week ago

Previous Question Next Question