Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

Professor Severus Snape deposited 500 Galleons into an account at Gringotts Bank, that pays 4% nominal annual interest, compounded semi-annually. How much will he have

Professor Severus Snape deposited 500 Galleons into an account at Gringotts Bank, that pays 4% nominal annual interest, compounded semi-annually. How much will he have in his account 10 years from now?

Question options:

	None of these are correct
	740.12 Galleons
	742.97 Galleons
	744.43 Galleons
	745.42 Galleons

*only work out problem using step by step not excel or any other program!*

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

Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business

Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills

1st Edition

1439844712, 9781439844717

More Books

Students also viewed these Finance questions

Question

★★★★★

What product categories seem most susceptible to situational influences? Why?

Answered: 1 week ago

Question

★★★★★

12. A working paper elimination (in journal entry format) debiting Retained Earnings Parent and crediting LandSubsidiary is prepared in the accounting period or periods: a. Of the sale of the land...

Answered: 1 week ago

Question

★★★★★

A random variable X has distribution function where ???? and m are positive constants. (i) Identify the point(s) at which F has jumps. (ii) Find the density function associated with the continuous...

Answered: 1 week ago

Question

★★★★★

Each year, Knight Motors surveys 7,600 former and prospective customers regarding satisfaction and brand awareness. For the current year, the company is considering outsourcing the survey to RBC...

Answered: 1 week ago

Question

★★★★★

please anwers correctly with the formula step by step thankyou! How would the following items be affected if a company declares 5% stock dividends and a 2- for-1 stock split? A. no affect, B....

Answered: 1 week ago

Question

★★★★★

Microcomp is a U.S.-based manufacturer of personal computers. It is planning to build a new manufacturing and distribution facility in either South Korea, China, Taiwan, the Philippines, or Mexico....

Answered: 1 week ago

Question

★★★★★

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st Quarter 11,400 2nd Quarter 9,900 Budgeted direct...

Answered: 1 week ago

Question

★★★★★

The company controller has set the revenue target for 2023 at $10,193,100 (or 55,700 pairs). He believes an additional marketin cost of $449,000 for advertising in 2023, with all other costs...

Answered: 1 week ago

Question

★★★★★

North American culture places a great deal of emphasis on a woman's weight in its appraisal of whether she is considered physically attractive. Some other cultures have a clear preference for more...

Answered: 1 week ago

Question

★★★★★

describe how the words we use to discuss personality disorders,( eg., narcissistic, borderline, antisocial,) shape our perception of what is considered normal or abnormal. Provide an example within...

Answered: 1 week ago

Question

★★★★★

Jason has a cat phobia, and therefore feelsanxious whenever he hears the word cat.He also feels anxious when he hears the word feline,which is an example of ____ generalization. a. secondary b....

Answered: 1 week ago

Question

★★★★★

Please answer each MCQ and give a small explanation (1-2 senetnces): This theory argues that progress and change in science are attributable to the ideas of unique individuals? A) Naturalistic...

Answered: 1 week ago

Question

★★★★★

How often and under what circumstances do your customers go ballistic?

Answered: 1 week ago

Question

★★★★★

How can you give feedback to your colleagues in such a way that you maintain strong, effective working relationships?

Answered: 1 week ago

Question

★★★★★

Every time we get passed from one department to another without being helped and we dont speak up, we allow the company to not improve its internal communications.

Answered: 1 week ago

Previous Question Next Question