How much money will mary receive on august 1

Reference no: EM13214355

Mary Lannoy plans to save money at her bank for use in August. She will deposit $50 a month, beginning on January 1 and continuing through August 1. If the bank pays ¾ % interest each month, how much money will she receive on August 1?

Reference no: EM13214355

Questions Cloud

Which the competitive firm has a lower price : The costs of a purely competitive firm and a monopoly could be different because the competitive firm is unregulated. the monopoly controls the input prices. the monopoly might experience economies of scale not available to the competitive firm.

How much per vehicle should the toll be to cover : A city engineer knows that she will need $125 million in 4 years to replace toll booths on a toll road in the city. Traffic on the road is estimated to be 5 million vehicles per year. How much per vehicle should the toll be to cover the cost

Explain what is the order of the reverse reaction : The rate constant are 0.039 L/mol-1*s-1for the forward reaction (CO2 + H2O ? H2CO3) and 23 s-1for the reverse reaction (H2CO3 ? CO2 + H2O). What is the order of the reverse reaction

Explain vapors are likely to be non-ideal near condensation : Vapors are likely to be non-ideal near condensation temperatures. Would you expect such behavior to make your molecular mass to high or too low?

How much money will mary receive on august 1 : Mary Lannoy plans to save money at her bank for use in August. She will deposit $50 a month, beginning on January 1 and continuing through August 1. If the bank pays ¾ % interest each month, how much money will she receive on August 1

Explain what covalent bond in methyl salicylate : What covalent bond in methyl salicylate and water were broken during reaction of converting methyl salicylate to salicylic acid?

What earnings in a mutual fund the grandfather recommends : A student wants to have $100,000 at graduation 4 years from now to buy a new Tesla. His grandfather gave him $20,000 as a high school graduation present. How much must the student save each year if he deposits the $20,000 today

State concentrations vary depending on the exact location : The total concentration of dissolved ions in seawater is about 1.1 M, but concentrations can vary depending on the exact location and conditions.

What are the advantages and disadvantages of management : If you hold shares in a corporation and management decides to plow back the company's earnings some year instead of paying dividends, what are the advantages and disadvantages to you

User Account

All Pages