Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 09, 2024

you want to save up 1500 to buy a new computer (table/phone/tv, etc) to be purchased in 3 years. how much money will you have

you want to save up 1500 to buy a new computer (table/phone/tv, etc) to be purchased in 3 years. how much money will you have to deposit in a saving account today if the account pays 4% interest annually, in order to have the 1500 you need?

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

Principles Of Financial Accounting (Chapters 1-17)

Authors: John Wild

25th Edition

1260780147, 9781260780147

More Books

Students also viewed these Accounting questions

Question

★★★★★

In a random sample taken at a public playground, it took 38, 43, 36, 29, 44, 28, 40, 50, 39, 47, and 33 minutes to play a set of tennis. Use the signed-rank test at the 0.05 level of significance to...

Answered: 1 week ago

Question

★★★★★

What are some of the ways that Sodexo effectively manages diversity?

Answered: 1 week ago

Question

★★★★★

3.10 A set of bivariate data consists of these measurements on two variables, x and y: (3,6) (5,8) (2,6) (1, 4) (4,7) (4,6) a. Draw a scatterplot to describe the data. b. Does there appear to be a...

Answered: 1 week ago

Question

★★★★★

Working backward to the balance sheet at the beginning of the period (Problems 42 through 44 derive from problems by George H. Sorter). The following data relate to the Prima Company. (1) Exhibit...

Answered: 1 week ago

Question

★★★★★

Save Question 2 (1 point) On January 1, 2010, Palm, Inc. purchased 80% of the stock of Stone Corp. for $4,000,000 cash. Prior to the acquisition, Stone had 100,000 shares of stock outstanding. On the...

Answered: 1 week ago

Question

★★★★★

Kenneth Clark and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November. Listed below are data...

Answered: 1 week ago

Question

★★★★★

4.1. The following table represents data of a project you are working on: Activity Predecessor Most optimistic Most likely Most pessimistic Time in days A _ 4 8 24 B _ 3 10 11 C _ 6 12 24 D A;B 9 14...

Answered: 1 week ago

Question

★★★★★

A capacitor of capacitance C with an initial voltage Vo is discharged through a resistor of resistance R by closing a switch at time t = 0. It can be shown that the voltage across the discharging...

Answered: 1 week ago

Question

★★★★★

Question 1 [Total 25 marks] Question 1 Part (a) ABC Co. is a small publisher and is considering a project to publish a new book. The subject matter of the book is recipes that follow a currently...

Answered: 1 week ago

Question

★★★★★

Exercise Set 3.2 In Exercises 1 through 8, find the average rate of change of the given function on the given interval(s). 1) f(x) = x; (-2, 0), (0, 2) 2. f(x) = x; (-3, 0), (0, 3) 3) f(x) = 1/x; (1,...

Answered: 1 week ago

Question

★★★★★

Using the Beverage Sales dataset, define the name temp for the range of the Temperature data and the name sales for the range of the Sales data. Then, use these range names in Excel formulas to find...

Answered: 1 week ago

Question

★★★★★

5. What are the other economic side effects of accidents?

Answered: 1 week ago

Question

★★★★★

2. What do you think of the safety program? What else would you suggest, and why?

Answered: 1 week ago

Question

★★★★★

7. What other steps would you suggest the company take to boost safety? For instance, what would you have supervisors do to improve the companys safety and accident record?

Answered: 1 week ago

Previous Question Next Question