subject
Business, 22.06.2019 20:40 leeshaaa17

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. how much will you have in the account in 19 years?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine
Answers: 3
question
Business, 22.06.2019 06:50
You wish to have $250,000 at the end of twenty years. in the last five years, you withdraw $1,000 annually at a rate of 3.8% compounded quarterly. during the middle ten years, you contribute $500 monthly at a rate of 2.8% compounded semi-annually. given this information, determine the initial deposit that has to be made at the start of the first five years at a rate of 4% compounded monthly?
Answers: 2
question
Business, 22.06.2019 09:50
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
question
Business, 22.06.2019 10:40
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
Answers: 1
You know the right answer?
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5...
Questions
question
Mathematics, 05.02.2021 19:00
question
History, 05.02.2021 19:00
question
Mathematics, 05.02.2021 19:00
question
Mathematics, 05.02.2021 19:00
question
Mathematics, 05.02.2021 19:00
question
Mathematics, 05.02.2021 19:00
Questions on the website: 14242744