User Account

All Pages

Computing the nominal annual rate

Assignment Help Business Management
Reference no: EM131066442

A student would like to take a trip to europe in two years when he gradutates from college. He has 900 dollars in a savings account and he plans to add 30 dollars per moth starting immediately. The savings account pays a nominal annual rate of 2% compounded monthly. How much will the sutdent have in savings at the end of 2 years.

  • 1660.25
  • 1683.15
  • 1670.06
  • 1671.89

Reference no: EM131066442

Questions Cloud

Which the company will keep constant growth rate forever : Storico Co. just paid a dividend of $1.45 per share. The company will increase its dividend by 24 percent next year and will then reduce its dividend growth rate by 6 percentage points per year until it reaches the industry average of 6 percent divid..
Performing the calculations behind financial analysis : The purpose of this project is to help you develop skills not only in performing the calculations behind financial analysis but in interpreting the numbers as well.
How many such pairs of numbers can be formed : how many such pairs of numbers can be formed?
Why are quality management tools and methodologies useful : Why are project quality requirements useful? Why is quality assurance important when managing project quality? Why are quality management tools and methodologies useful? Why are compliance records used by organisations during and after projects
Computing the nominal annual rate : The savings account pays a nominal annual rate of 2% compounded monthly. How much will the sutdent have in savings at the end of 2 years.
Financing through a bank loan or financing through lease : Do you believe a firm in a weak financial condition could most easily obtain financing through a bank loan or financing through a lease? Would you change your answer based on whether the asset in question appreciates or depreciates? Why? Elaborate an..
What surprised you the most about the blue eyes experiment : What surprised you the most about the "blue eyes, brown eyes" experiment - why do you think it's so easy for people in the "in-group" to see themselves as superior to those in the "out-group?"
Share immediately after the repurchase announcement : Green Manufacturing, Inc., plans to announce that it will issue $2.01 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will sell at par with a coupon rate of 7 percent. Green is currently an all-equity firm worth $..
What are some alternative interpretations for your dream : For the second part of this assignment, conduct a brief Internet search for information on dream interpretation. According to your research, what are some alternative interpretations for your dream? For example, were there any themes or symbols ..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd