Homework Answers
Add Answer to:
how to formulate the equation?
Interest Earned. On June 1, Mia deposited $4,000 in an MMDA...
Interest Earned. On June 1, Mia deposited $4,100 in an MMDA that pays 6% interest. On...
Interest Earned. On June 1, Mia deposited $4,100 in an MMDA that pays 6% interest. On October 31, Mia invested $1,800 in a three-month CD that pays 3.43%. At the end of the year, how much interest will Mia have earned, assuming she hasn't taken anything out of the money market deposit account? Assuming she hasn't taken anything out of the money market deposit account, the amount of interest Mia will have earned is $ . (Round to the nearest...
Interest Earned. On June 1, Mia deposited $2,500 in an MMDA that pays 3% interest. On...
Interest Earned. On June 1, Mia deposited $2,500 in an MMDA that pays 3% interest. On October 31, Mia invested $1,600 in a three-month CD that pays 1.76%. At the end of the year, how much interest will Mia have earned, assuming she hasn't taken anything out of the money market deposit account? Assuming she hasn't taken anything out of the money market deposit account, the amount of interest Mia will have earned is $1 (Round to the nearest cent.)
HELP ASAP on June 1, Mia deposited $4000 in an MMDA that pays 2% interest. on...
HELP ASAP on June 1, Mia deposited $4000 in an MMDA that pays 2% interest. on October 31 mia invested $3000 in a three month CD that pays 3.82%. at the end of the year how much interest will mia have earned, assuming she hasn't taken anything out of the money market deposit account? Assuming she hasnt taken anything out of the money market deposit account, the amount of intrest mia will have earned is $____
1. Calculate the compound amount when S1500 is deposited in an account earning an annual interest...
1. Calculate the compound amount when S1500 is deposited in an account earning an annual interest rate of 5%, compounded monthly, for 18 months. 2, How much money should be invested in an account that earns 6% annual interest, com- pounded monthly, in order to have $15, 000 in 5 years? 3. How much interest is earned on a $2000 deposit for 2 years at a 0.12% monthly interest rate. compounded daily?
A company must pay a $308, 000 settlement in 3 years. (a) What amount must be deposited now at 8% compounded semiannually to have enough money for the settlement? (b) How much interest will be e...
A company must pay a $308, 000 settlement in 3 years. (a) What amount must be deposited now at 8% compounded semiannually to have enough money for the settlement? (b) How much interest will be earned? (c) Suppose the company can deposit only $100, 000 now. How much more will be needed in 3 years? (d) Suppose the company can deposit $100 ,000 now in an account that pays interest continuously. What interest rate would they need to accumulate the...
You must show work to receive credit. Cirele or otherwise clearly identify your final answers 1. [1pt] In order to start a small business, Jared takes out a simple interest personal loan for $4,0...
You must show work to receive credit. Cirele or otherwise clearly identify your final answers 1. [1pt] In order to start a small business, Jared takes out a simple interest personal loan for $4,000 in March 2019. He doesn't need to make regular payments, but the loan is due in full, plus interest, in December 2019, The bank charges an 8.25% interest rate. How much must Jared pay back when the loan is due? [Round to the nearest cent.) 2....
me that fixed Financial contracts involving investments, mortgages, loans, and so on are based on either...
me that fixed Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate. Assume Interest rates are used throughout this question. Emma deposited $500 in a savings account at her bank. Her account will earn an annual simple interest rate of 9%. If she makes no additional deposits or withdrawals, how much money will she have in her account in 11 years? $995.00 $145.00 $1,290.21 $549.05 Now, assume that Emma's...
1 Due Date: October 31, 2019 PGE 411 Homewok-3 3. It is desired to make an...
1 Due Date: October 31, 2019 PGE 411 Homewok-3 3. It is desired to make an initial lump sum investment that will provide for a withdrawal of $500 at the end of year 1, $600 at the end of year 2, and amounts increasing $100 per year to a final $2400 at the end of year 20. How great an initial investment will be required if it earns 12% compounded annually? 4. It is desired to invest a lump sum...
Anthony invested a sum of money 4 yr ago in a savings account that has since paid interest at the rate of
9. Anthony invested a sum of money 4 yr ago in a savings account that has since paid interest at the rate of 7%/year compounded quarterly. His investment is now worth $22,438.81. How much did he originally invest? Please round the answer to the nearest cent. 10. Joe plans to deposit $300 at the end of each month into a bank account for a period of 2 yr, after which he plans to deposit S500 at the end of each month into the same...
Please solve using financial calculator only and show work. Thank you. 28. Your brother has asked you to help him with c...
Please solve using financial calculator only and show work. Thank you. 28. Your brother has asked you to help him with choosing an investment. He has $5,200 to invest today for a period of five years. You identify a bank CD that pays an interest rate of 3.60 percent with the interest being paid quarterly. What will be the value of the investment in five years? 29. Tim has loaned money to his brother at an interest rate of 6...
Interest Earned. On June 1, Mia deposited $4,100 in an MMDA that pays 6% interest. On October 31, Mia invested $1,800 in a three-month CD that pays 3.43%. At the end of the year, how much interest will Mia have earned, assuming she hasn't taken anything out of the money market deposit account? Assuming she hasn't taken anything out of the money market deposit account, the amount of interest Mia will have earned is $ . (Round to the nearest...
Interest Earned. On June 1, Mia deposited $2,500 in an MMDA that pays 3% interest. On October 31, Mia invested $1,600 in a three-month CD that pays 1.76%. At the end of the year, how much interest will Mia have earned, assuming she hasn't taken anything out of the money market deposit account? Assuming she hasn't taken anything out of the money market deposit account, the amount of interest Mia will have earned is $1 (Round to the nearest cent.)
1. Calculate the compound amount when S1500 is deposited in an account earning an annual interest rate of 5%, compounded monthly, for 18 months. 2, How much money should be invested in an account that earns 6% annual interest, com- pounded monthly, in order to have $15, 000 in 5 years? 3. How much interest is earned on a $2000 deposit for 2 years at a 0.12% monthly interest rate. compounded daily?
You must show work to receive credit. Cirele or otherwise clearly identify your final answers 1. [1pt] In order to start a small business, Jared takes out a simple interest personal loan for $4,000 in March 2019. He doesn't need to make regular payments, but the loan is due in full, plus interest, in December 2019, The bank charges an 8.25% interest rate. How much must Jared pay back when the loan is due? [Round to the nearest cent.) 2....
me that fixed Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate. Assume Interest rates are used throughout this question. Emma deposited $500 in a savings account at her bank. Her account will earn an annual simple interest rate of 9%. If she makes no additional deposits or withdrawals, how much money will she have in her account in 11 years? $995.00 $145.00 $1,290.21 $549.05 Now, assume that Emma's...
Most questions answered within 3 hours.
-
If you have an eta squared of .34 and used a
between-subjects design, what does that...
asked 33 seconds ago -
*Healthcare Adminstration*
Scutchfield and Keck's Principles of Public Health Practice
4th edition
What are the differences...
asked 4 minutes ago -
Find the complete optimal solution to this linear programming
problem. Max 5x + 3y s.t. 2x...
asked 33 minutes ago -
The pH of an acetate buffer was determined to be 4.76. Then, a
few drops of...
asked 35 minutes ago -
a sample of size 1500 is used to find a confidence
interval for the percentage of...
asked 45 minutes ago -
Explain in detail the differences between qualitative and
quantitative forecasts. Include at least two examples of...
asked 49 minutes ago -
Differentiate between response time and throughput.
Explain how the physical design of a database influences
performance...
asked 51 minutes ago -
Write MATLAB code to plot the following
waveforms.
Rectangular pulses:
????(?)
????(? − ?)
????(?/?) ...
asked 51 minutes ago -
4. Adam’s Inc.’s outstanding common stock is currently selling
in the market for $28. Dividends of...
asked 1 hour ago -
question
you were
asked to create a regression that will predict the amount of saving
for...
asked 1 hour ago -
If tcalc = -2.78, tcrit = 1.96, H0: Mu > Mu0, and Xbar <
Mu0, what...
asked 1 hour ago -
Circular distribution
•Suppose two birds are flying, one is flying from the north and
the other...
asked 1 hour ago