Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

tion 8 et answered d out of 1,00 ag question Calculate the accumulated value after ten years of payments of $1000.00 made at the end

image text in transcribed
tion 8 et answered d out of 1,00 ag question Calculate the accumulated value after ten years of payments of $1000.00 made at the end of each month if interest is 4% compounded semi-annually. Select one: O a. $ 183 650.89 b. $ 124 381.83 Oc. $ 146 994.41 Od. $ 77 308.74 e. $ 67 483.03 tion 9 t answered d out of 1,00 ag question What is the accumulated value of deposits of $2000.00 made at the end of every year for three years if interest is 6.00% compounded quarterly? Select one: O a. $ 3807.38 b. $ 7482.34 c. $ 6375.71 d. $ 3650.89 e. $ 4381.83 tion 10 et answered d out of 1,00 ag question For how long will Harold have to make payments of $550.00 at the end of every three months to repay a loan of $16 900.00 if interest is 9% compounded monthly? Select one: O a. 20 quarters b. = 40 quarters c. = 53 quarters d. = 50 quarters 106 quarters e

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

Apple Blossom Cologne Company Audit Case

Authors: Jack Paul

5th Edition

0072844507, 978-0072844504

More Books

Students also viewed these Accounting questions