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

Question

1 Approved Answer

P2- fIND THE fv OF 10000 invested now after 5 years in the annual interest rate is 8 percent. a- What would the future value

P2- fIND THE fv OF 10000 invested now after 5 years in the annual interest rate is 8 percent.

a- What would the future value be if the interest rate is a simple interest rate?

b- What would be the FV if the interest rate is a compound interest rate?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Calculus

Calculus

Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon

9th edition

131429248, 978-0131429246

Students also viewed these Finance questions

Question

★★★★★
Using Y for yes and N for no, indicate whether each of the following items should be included in cash and cash equivalents on the balance sheet. If an item should not be included in cash and cash...

Answered: 1 week ago

Question

★★★★★
In Figure , particles 1 and 2 have charge 20.0 C each and are held at separation distance d = 1.50 m. (a) What is the magnitude of the electrostatic force on particle 1 due to particle 2? In Figure,...

Answered: 1 week ago

Question

★★★★★
4 How do you see the future of integrative approaches to coaching?

Answered: 1 week ago

Question

★★★★★
The Josie Theater, owned by Josie Micheals, will begin operations in March. The Josie will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of...

Answered: 1 week ago

Question

★★★★★
Aram's taxable income before considering capital gains and losses is $67,000. Determine Aram's taxable income and how much of the income will be taxed at ordinary rates in each of the following...

Answered: 1 week ago

Question

★★★★★
Grading System IV. Computation of Grades 1. Given the following data on the table below, compute the following: (2 pts. each) The weighted score of written work The weighted score of performance task...

Answered: 1 week ago

Question

★★★★★
CHALLENGE ACTIVITY 3.6.2: Ranges with gaps. Jump to level 1 Given integer ordered Cherries, output: "Small carton", if there are 20-50 cherries inclusive. "Medium carton', if there are 80-100...

Answered: 1 week ago

Question

★★★★★
Fill in the blank: The second slide of a presentation should include a statement of _____, such as: "The aim of this project was to determine the impact of reduced orders on inventory availability."...

Answered: 1 week ago

Question

★★★★★
What is the importance of Psychographics factors in consumer analysis?

Answered: 1 week ago

Question

★★★★★
GOVERNMENT NSW TAFE Part 1: Sales budget preparation Prepare a Sales budget for 'Health is care' Cafe situated in a Blacktown city hospital for 2016. Health is care Cafe-Sales data for the year ended...

Answered: 1 week ago

Question

★★★★★
Determine miller indices of plane A Z a/2 X a/2 a/2 Y

Answered: 1 week ago

Question

★★★★★
Points: U of 9 A rocket follows a path given by y - X - 70 (distances in miles). If the horizontal velocity is given by vy = x, find the magnitude and direction of the velocity when the rocket hits...

Answered: 1 week ago

Question

★★★★★
When evaluating the performance of my staff, do I value ethical goals at least as highly as performance and quality goals? Do I focus on the means as well as the ends in decision making and...

Answered: 1 week ago

Question

★★★★★
Do I reward ethical conduct and discipline unethical conduct? jj4

Answered: 1 week ago

Question

★★★★★
What are the informal norms in my department? If my employees were asked to list the rules of working for me, what would they say? Are any of these problematic if ethical conduct is the goal? mki6

Answered: 1 week ago

Previous Question Next Question