Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

Kelly deposits $1000 in a 3 year GIC with 4% interest compounded annually. How much interest would she earn by maturity? Select one: A. $120.00

Kelly deposits $1000 in a 3 year GIC with 4% interest compounded annually. How much interest would she earn by maturity?

Select one:

$120.00

$40.00

$124.86

$1124.86

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

Business Analysis And Valuation Using Financial Statements Text And Cases

Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby

2nd Edition

0324015658, 9780324015652

More Books

Students also viewed these Finance questions

Question

★★★★★

General Mills, Inc. reports the following pension footnote in its 10-K report. Estimated benefit payments are expected to be paid from fiscal 2014 to 2023 as follows: (in...

Answered: 1 week ago

Question

★★★★★

On April 8, 2022, a flood destroyed the warehouse of Marmaron Distributing Co. From the waterlogged records of the company, management was able to determine that the firms gross profit ratio had...

Answered: 1 week ago

Question

★★★★★

Define belongingness, competence, and autonomy.

Answered: 1 week ago

Question

★★★★★

Second National Insurance Company provided this information for its trading securities portfolio: Required: 1. Provide the journal entries to record the fair value adjustment on December 31, 2016....

Answered: 1 week ago

Question

★★★★★

The he Sociology of Sexualities: Queer and Beyond Author(s): Joshua Gamson and Dawne Moon Write a paper on information provided. Use quotes situations and pages quotes were found an provide a title

Answered: 1 week ago

Question

★★★★★

Determine whether each ordered pair is a solution of x Is (0,0) a solution of the given linear equation? Yes No Is (-1,7) a solution of the given linear equation? O No Yes

Answered: 1 week ago

Question

★★★★★

Scenario 1 Danielle is the office manager of a large business in the city. She is the only female staff member at the management level. The CEO (who is significantly older than her) often refers to...

Answered: 1 week ago

Question

★★★★★

987 Co. grants 123 Limited a sole license for the 987 CRM Software. Who may use the 987 CRM Software? O a. Only 123 O b. Only 987 O c. 123 and other licensees O d. 987 and the licensee

Answered: 1 week ago

Question

★★★★★

Risk preferences Investment 1 has a 50% chance of paying $100 and a 50% chance of paying $200. Investment 2 has a 50% chance of paying $50 and a 50% chance of paying $250. Both investments cost $130...

Answered: 1 week ago

Question

★★★★★

During the Covid-19 outbreak and Movement Restriction Order (MRO), daily routines of Malaysian has changed. Many business could not operate according to their normal routines and many business...

Answered: 1 week ago

Question

★★★★★

Below is a poorly written email. Rewrite it so that it includs the required points that define a professional business email. ( 1 0 marks ) Subject: URGENT Payment Issue Hey, I cannot believe you...

Answered: 1 week ago

Question

★★★★★

How likely is it that some form of semistructured or in-depth interviews would be an acceptable form of data gathering within the organisation?

Answered: 1 week ago

Question

★★★★★

Which TWO of the following can be treated as forms of qualitative data? a Google analytics. b Social media posts. c LinkedIn connection requests. d Web pages.

Answered: 1 week ago

Question

★★★★★

Which of the following statements are correct in relation to using video recording as a form of research data? a Takes a great deal of time to do. b The data must be interpreted. c Should be...

Answered: 1 week ago

Previous Question Next Question