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

Question

1 Approved Answer

John needs $130,000 in four years. If John can invest at 6%, how much will he invest now in order to have $130,000 in four

image text in transcribed
John needs $130,000 in four years. If John can invest at 6%, how much will he invest now in order to have $130,000 in four years? A. $102,960 B. $97,110 C. $99,190 D. $109,200 John needs $130,000 in four years. If John can invest at 6%, how much will he invest now in order to have $130,000 in four years? A. $102,960 B. $97,110 C. $99,190 D. $109,200

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

University Auditing In The Digital Era Challenges And Lessons For Higher Education Professionals And CAEs

University Auditing In The Digital Era Challenges And Lessons For Higher Education Professionals And CAEs

Authors: Sezer Bozkus Kahyaoglu; Erman Coskun

1st Edition

0367553228, 9780367553227

More Books

Students also viewed these Accounting questions

Question

★★★★★
A poll by Gallup asked, "If you won 10 million dollars in the lottery, would you continue to work or stop working?" Of the 1039 American adults surveyed, 707 said that they would continue working....

Answered: 1 week ago

Question

★★★★★
Why might median house prices be higher in one city than in another?

Answered: 1 week ago

Question

★★★★★
The lifetimes of As dog and cat are independent exponential random variables with respective rates d and c. One of them has just died. Find the expected additional lifetime of the other pet.

Answered: 1 week ago

Question

★★★★★
Compute the two-period and four-period moving average predictions for the data set. a. Prepare a line graph comparing the moving average predictions against the original data. b. Compute the MSE for...

Answered: 1 week ago

Question

★★★★★
What IPv 6 field is similar to the TTL ( Time to Live ) field in IPv 4 packets?

Answered: 1 week ago

Question

★★★★★
A hazard is anything that could cause harm or injury. Risk assessment is the process used to assess hazards in terms of likelihood of occurrence and consequences/ severity of harm. Support workers...

Answered: 1 week ago

Question

★★★★★
A golf ball manufacturer knows the cost associated with various hourly production levels, given below. Production Costs for Golf Balls Production (hundred balls b) 2 5 C(b) 8 = 11 14 17 20 Cost...

Answered: 1 week ago

Question

★★★★★
The Integral Test enables us to bound the error approximation of the series 1 n=3 n (Inn)3 by the partial sum 8 = $20 20 1 n=3 n (Inn)3 What upper bound does it yield for the error s - 820 ? Give...

Answered: 1 week ago

Question

★★★★★
Macmillan Learning The motion y(x, t) of a vibrating system is described by y(x,t) = Age at sin(kx - cot) where x denotes a distance in meters and denotes a time in seconds. Denoting units with...

Answered: 1 week ago

Question

★★★★★
A certain skincare company's profit in millions of dollars, P(t), can be modeled by the polynomial function P(t) = -2t +8t2 + 2t, where t represents the number of skincare items produced, in...

Answered: 1 week ago

Question

★★★★★
Complete the equation for the piecewise function graphed below. ao -7 -6 -5 -4 -3 -2 -1 { f(x) = { 6 + 5 4 { -2 -3 -4 {3 6 if 6 x 3 if 3 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
5. Understand how cultural values influence conflict behavior.

Answered: 1 week ago

Question

★★★★★
6. Describe how communication can reinforce cultural beliefs and behavior.

Answered: 1 week ago

Question

★★★★★
3. Analyzing a Film. View a feature film or a video (e.g., Chir-raq or Brooklyn) and assume the position of a researcher. Analyze the cultural meanings in the film from each of the three...

Answered: 1 week ago

Previous Question Next Question