Question

Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more... 8. Semiannual and
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Monthly compouding implies that interest is compounded 12 times a year.

Amount deposited ($)             96,780
Interest Rate (Annual) 5%
Semiannial Rate 2.50%
Period (Semiannual) 14
Future Value factor @ 2.50% for 14 semiannual years           1.41297
Future Value of $ 96780    1,36,747.61

Correct Answer: Option 4th $136,747.61

Add a comment
Know the answer?
Add Answer to:
Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Attempts: ttention: Due to a bug in Google Chrome, this page may not function correctly. Click...

    Attempts: ttention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 13. Semiannual and other compounding periods Semiannual compounding implies that interest is compounded 2 times per year. Score: /2 Aa Aa You have deposited $96,780 into an account that will earn an interest rate of 15% compounded semiannually. How much will you have in this account at the end of 14 years? O $733,200.27 $684,786.80 O $879,840.32 O $586,560.22 An...

  • Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 18. Nonannual...

    Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 18. Nonannual compounding period Aa Aa E The number of compounding periods in one year is called compounding frequency. The compounding frequency affects both the present and future values of cash flows. An investor can invest money with a particular bank and earn a stated interest rate of 6.60%; however, interest will be compounded quarterly. What are the nominal, periodic, and...

  • Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here...

    Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 5. Gravetter/Wallnau/Forzano, Essentials - Chapter 7 - End-of-chapter question 7 Aa Aa For a population with a mean of = 40 and a standard deviation of a = 8, find the z-score corresponding to each of the following samples. X = 34 for a sample of n - 1 score: Z -0.75 M - 34 for a sample of n =...

  • Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here...

    Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. Aa Aa 8. Determinants of intrinsic value Which of the following is a determinant of a firm's cost of capital? O Sales revenues O Cost of equity O Education of managers The following table presents some of the current year's financial data for the Green Zebra Media Company. Complete the table by computing Green Zebra's free cash flows and fundamental value...

  • Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here...

    Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. Aa Aa 7. Gravetter/Wallnau/Forzano, Essentials - Chapter 7End-of-chapter question 21 A normal distribution has a mean of μ-60 and a standard deviation of σ = 12. For each of the following samples, compute the z-score for the sample mean, and determine whether the sample mean is a typical, representative value or an extreme value for a sample of this size. M...

  • Attempts: Average: 12 Attention: Due to a bug in Google Chrome, this page may not function...

    Attempts: Average: 12 Attention: Due to a bug in Google Chrome, this page may not function correcty, Click here to learn more 12. Equivalent annual annuities Another method to deal with the unequal life problem of projects is the equivalent annual annuity (EAA) method. In this method the annual cash flows under the alternative investments are converted into a constant cash flow stream whose NPV is equivalent to the NPV of the comparative project's initial stream. Consider the case of...

  • Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here...

    Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more 3. A one-tailed hypothesis test for a repeated-measures design Aa Aa E A cognitive psychologist is interested in whether increasing reading speed improves comprehension. He has students complete a reading comprehension task before and after a six-week speed-reading course In the beginning of the study, a randomly selected group of 81 students scored an average of 102 points on the reading...

  • Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here...

    Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 19. More on the time value of money Aa Aa E Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a professional organization for divorce attorneys. The membership dues for the ADLA are $550 per year and must be paid at the beginning of each year. For instance, membership dues...

  • ttempts: tention: Due to a bug in Google Chrome, this page may not function correctly. Click...

    ttempts: tention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 11. Bank loans Average: 13 Aa Aa Short-term financing through bank loans Consider this case: Mildred's Brewing Corp. needs to take out a one-year bank loan of $500,000 and has been offered loan terms by two different banks. One bank has offered a simple interest loan of 10% that requires monthly payments. The loan principal will be paid back at...

  • Attention: Due to a bug in Google Chrome, this page may not function correc t e...

    Attention: Due to a bug in Google Chrome, this page may not function correc t e o learn more 2. Introduction to variability Aa Aa 2 A researcher is studying psychological factors in artistic achievement among teenage boys. One variable she is particularly interested in is perseverance. What information does a measure of variability for the variable perseverance convey? Check all that apply. What is the central tendency for the variable perseverance among teenage boys? X How spread out are...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT