How much is this account worth years

Assignment Help Business Economics

Reference no: EM13157069

You deposit $377 per month in a savings account in the Caymen Islands at an nominal annual rate of 5.57%. The interest earned is deposited back into the sacinvgs account each month. How much is this account worth 28 years? Answer to the nearest dollar.

Reference no: EM13157069

Questions Cloud

How would you present the statistical information : Assume you are compiling your research report. How would you present the statistical information within this case to the IndustryWeek decision maker, the manager who must decide whether or not to continue to publish reader service cards?

Interest group and special interest group : What is the difference between an interest group and a special interest group?

A catalyst decreases the activation energy of a particular : A catalyst decreases the activation energy of a particular exothermic reaction by 59 kJ/mol, to 51 kJ/mol. Assuming that the mechanism has only one step, and that the products are 94 kJ lower in energy than the reactants

Compute the standard error of estimated sales : Suppose a large sample is selected (instead of just 10). About 95 percent of the predictions regarding sales would occur between what two values?

How much is this account worth years : The interest earned is deposited back into the sacinvgs account each month. How much is this account worth 28 years? Answer to the nearest dollar.

What are the concentrations of cu2+ : If 4 g of CuSO4 is dissolved in 9.0x10^2 mL of 0.40 M aqueous NH3, what are the concentrations of Cu2+, Cu(NH34 2+, and NH3 at equilibrium? (Kf = 5x10^13)

Unfavourable materials quantity variance : Actual production in November was 3,100 units of Titactium. There was a favourable materials price variance of $380 and an unfavourable materials quantity variance of $120. Based on these variances, what could one assume?

Specific steps that managers can take : What are some specific steps that managers can take to help reduce workplace stress? What are possible legal problems that could arise if a manager knows too much about personal problems that are causing the employee's stress?

Explain how the introduction of policy : Relatively little pollution is emitted initially in the production process, but as the factory is used more intensively, pollution per unit of output increases and Explain how the introduction of this policy will affect the production decision of f..

User Account

All Pages