Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

What is the future value of $ 8 0 0 deposited for one year earning an 1 0 percent interest rate annually? Note: Do not

What is the future value of $

800

deposited for one year earning an

10

percent interest rate annually?

Note: Do not round intermediate calculations. Enter your answer as a whole number.

Future value

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

Personal Finance

Authors: E. Thomas Garman, Raymond Forgue

8th Edition

0618471421, 9780618471423

More Books

Students also viewed these Finance questions

Question

★★★★★

What can a small business do to reduce the risk associated with innovation efforts?

Answered: 1 week ago

Question

★★★★★

2. Describe how technology can impact intercultural interaction.

Answered: 1 week ago

Question

★★★★★

Tom has a bowl that contains four white balls and three red balls. He selects balls successively from the bowl (at random and without replacement) and puts them one next to the other. The following...

Answered: 1 week ago

Question

★★★★★

(a) Can the reaction p + 7/3Li 4/2He + occur if the incident proton has kinetic energy = 2500keV? (b) If so, what is the total kinetic energy of the products?

Answered: 1 week ago

Question

★★★★★

Your 75-year-old grandmother expects to live for another 15 years. She currently has $1,000,000 of savings, which is invested to earn a guaranteed 6.25% rate of return. Ignoring the effects of...

Answered: 1 week ago

Question

★★★★★

Skysong, Inc. compiled the following financial information as of December 31, 2022: Service revenue $1131000 Common stock 228000 Equipment 306000 Salaries and wages expense 395200 Rent expense 98800...

Answered: 1 week ago

Question

★★★★★

An administrative assistant should have the following functionality on behalf of the CEO: Make calls. Retrieve calls. Join active calls. Pick up calls on hold. Which Teams Phone feature can achieve...

Answered: 1 week ago

Question

★★★★★

The Katash Company is a leader in the poultry market. It produces, sells and markets fresh and ice packed commodity chicken and frozen products known for their value and healthful qualities. Katashs...

Answered: 1 week ago

Question

★★★★★

A toggle press is shown with a force F = 300 N applied perpendicular to the toggle arm. Ram CD slides on the smooth vertical bar. Determine the compressive force on E when theta is 60 degrees. -250...

Answered: 1 week ago

Question

★★★★★

The cross-section of an aeroplane elevator is shown below. If the elevator is 2 m long constructed from aluminium alloy with G = 30 GN/m, calculate the total angle of twist of the section and the...

Answered: 1 week ago

Question

★★★★★

Maruti Suzuki Drives Business Growth on a Full Oracle Stack Youtube video: In regards to Business Intelligence effects on Maruti Suzuki, answer the following questions: 1.) What were the business...

Answered: 1 week ago

Question

★★★★★

Create awareness of the strong need people have for encouragement and positive feedback.

Answered: 1 week ago

Question

★★★★★

2. Organizations are continually searching for ways to reward various employee behaviors. Pretend you are currently working at an upscale retail clothing store and the manager asks you to help her...

Answered: 1 week ago

Question

★★★★★

Describe the major barriers to the use of positive reinforcement.

Answered: 1 week ago

Previous Question Next Question