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You deposit \$200 each month into an account earning 6%
You deposit \$200 each month into an account earning 6% interest compounded monthly.a) How much will you have in the account in 35 years?\$ 284,942 Correctb) How much total money will you put into the a… read more
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1.The City Library has ordered a new computer system costing
1.The City Library has ordered a new computer system costing \$158,000. The system will be delivered in 6 months, and the full amount will be due 30 days after delivery. How much should be deposited to… read more
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You deposit \$500 each month into an account earning 2%
You deposit \$500 each month into an account earning 2% interest compounded monthly.a) How much will you have in the account in 35 years?\$b) How much total money will you put into the account?\$c) How m… read more
Homeworkexpert12
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You want to be able to withdraw \$40,000 each year for 15
You want to be able to withdraw \$40,000 each year for 15 years. Your account earns 8% interest.a) How much do you need in your account at the beginning?\$ 342,379.15 Correctb) How much total money will… read more
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Suppose you make deposits of \$410 at the end of every six
Suppose you make deposits of \$410 at the end of every six months for five years into an account earning 3.15 % compounded semiannually. After these five years you leave the money in the account, witho… read more
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You deposit \$100 each month into an account earning 4%
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1) Find the simple interest on the loan. \$1400 at 8%
1) Find the simple interest on the loan. \$1400 at 8% for 10 years. \$____ 2) Find the total amount due for the simple interest loan. \$1300 at 8% for 10 years. \$____ 3) Find the interest rate on a loan … read more
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If you wanted to purchase previously issued shares of stock
If you wanted to purchase previously issued shares of stock from another investor you would find the shares in which market… read more
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QUESTION 1 Assume interest rate of 12%. A company receives
QUESTION 1 Assume interest rate of 12%. A company receives cash flows of \$596 at the end of year 5, \$238 at the end of year 7, and \$542 at the end of year 10. Compute the future value of this cash flo… read more
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(Monthly compounding) How much would you have to invest today Resolved
(Monthly compounding) How much would you have to invest today Resolved Question: (Monthly compounding) How much would you have to invest today at 12% annual interest, compounded monthly, in order to e… read more
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there are text questions please respond soonest Using
there are text questions please respond soonest Using the formula for simple interest and the given values find i P= \$300, r=5%, t=4 years; I=\$ Use the formula for simple interest, I=prt to find the i… read more
linda_us
Master's Degree
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(Monthly compounding) How much would you have to invest today
(Monthly compounding) How much would you have to invest today at 12% annual interest, compounded monthly, in order to end up with \$1,000 in your investment account at the end of 12 months? \$887.45 \$89… read more
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Rocky Perez Need your help in these questions. How much will
Rocky Perez Need your help in these questions. How much will it cost, please reply. Sources must be cited in APA format. Your response should be a minimum of one (1) single-spaced page to a maximum of… read more
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(Monthly compounding) How much would you have to invest today
(Monthly compounding) How much would you have to invest today at 12% annual interest, compounded monthly, in order to end up with \$1,000 in your investment account at the end of 12 months? \$887.45 \$89… read more
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. Jacksonville Technical College received \$3,445,553 in state
. Jacksonville Technical College received \$3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest \$2,000,000 in a 2-month investment th… read more
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1. (TCO 3, 4) If you deposit \$2,000 in an account that earns
1. (TCO 3, 4) If you deposit \$2,000 in an account that earns 5% per year, compounded annually, you will have \$2,553 at the end of 5 years. What would be the balance in the account at the end of 5 year… read more
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1. use the compound interest formula to find to find the future
1. use the compound interest formula to find to find the future value of A for the following values? P=\$2500,i=0.09,N=21 A= 2.Use the compound interest formula to find P, A=\$3800,i=0.061,N=92 P= 3.If … read more
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Hi NEO, Could you please help out on these homework asignments. Due Saturday, April 21, 2012 E6-2 (Simple and Compound Interest Computations) Lyle O'Keefe invests \$30,000 at 8% annual interest, leavin… read more
Neo
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