Determine value of account roundedd to the nearest dollar

Assignment Help International Economics
Reference no: EM13186611

A sum of $10,000 is invested in an account earning interest at the nominal rate of 7.2% per year. Determine the value of this account, roundedd to the nearest dollar, at the end of 2 years if interest is compounded continuously.

Reference no: EM13186611

Questions Cloud

Discuss examples of administrative decisions : Discuss examples of administrative decisions that might be made in the managing of performance of professor?
What is the maximum length of the triangular flags : color guard is making flags that must have a base of 18 inches for flagpoles. what is the maximum length of the triangular flags, if they want to use a maximum of 252in.^2 of cloth?
Explain biggest risk factors for multi-nationals enterprise : One of the biggest risk factors for multi-nationals enterprise (MNEs) is using the potential volatility of exchange rates. Explain mechanisms that can be used to alleviate the risk, including discussion of ways in which an MNE might increase profi..
Developing an effective metrics program : In her paper Developing an Effective Metrics Program Rosenberg described a group of "sample goals, questions and metrics. The goals are general and could be adapted with minor modifications to any project development.
Determine value of account roundedd to the nearest dollar : A sum of $10,000 is invested in an account earning interest at the nominal rate of 7.2% per year. Determine the value of this account, roundedd to the nearest dollar, at the end of 2 years if interest is compounded continuously.
What is the vertex of a parabola : What is the vertex of a parabola? How do you determine the vertex of the parabola? Demonstrate with an example.
What is a mathematical model : What is a mathematical model? Explain in your own words. What are some examples of mathematical models that we can use when working with quadratic functions?
Credibility of a qualitative measurement : Why is it appropriate to use some surrogate measures as part of a Goal/Question/Metrics measurement program? Give and defend at least two reasons.
Which site is best for an extraction period : The federal government is considering three sites for mineral extraction in the national wildlife preserve. The cash flow ($ million) associated with each site are given below Initial cost Annual cost Annual benefits Annual dis-benefits Site A 50 3 2..

Reviews

Write a Review

International Economics Questions & Answers

  What will be the effects of an increase in the money supply

What will be the effects of an increase in the money supply

  Questions based on international business

Questions based on International Business

  calculate the series for nominal gdp

Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP

  Burger king beefs up global operations

Burger King Beefs Up Global Operations

  Consider two countries that share the same technology

Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea

  Find best the governance system of the eu

Which political system describes best the governance system of the EU? Is the governance system of the EU democratic? Why ‘yes', or why ‘not'?

  Review the country political economy

Political Economy and Foreign Direct Investment - Review the country's political economy

  Calculate the value of the intraindustry trade

Calculate the value of the Intraindustry Trade

  Identify the funding mechanism of the project

Identify the funding mechanism of the project, and the sources of funding. Identify the key players or stakeholders of the project. Who is supposed to benefit from the initiative?

  Alternative trade: legacies for the future

explain how  Alternative Trade: Legacies for the Future  supports or challenges your conceptualizations of trade and development. Are there themes that some of you agree upon? Do you disagree on others? Describe your conversation.

  Find the equilibrium interest rate

The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.

  Country economic and trade summary reports

Global marketing managers must understand economics and trade rules of countries and regions within which they trade.

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!

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