User Account

All Pages

How much more interest will and investor earn

Assignment Help Mathematics
Reference no: EM13884825

For investments of $5000 to $24,999, a bank quotes interest rates of 5.75% simple interest on 90 day GIC's and 6% simple interest on 180 day GICs. How much more interest will and investor earn by placing $15,000 in a 180 day GIC than by purchasing two consecutive 90 day GICs? Assume that interest rates do not change over the next 90 days and that interest earned from the first 90 day GIC will be invested in the second 90 day GIC.

Additional information

The problem related to Mathematics and it explains about calculation of simple interest rates of a bank on deposits with time limit.

Reference no: EM13884825

Questions Cloud

Explain how credit risk can be reduced : Is there credit risk in an interest rate swap with an intermediary bank serving as the swap dealer? Describe when default losses might arise and which party is at risk. Explain how credit risk can be reduced.
Compute the firm net profit margin : Compute the firm's net profit margin, total asset turnover and financial leverage multiplier (also known as the equity multiplier)
Construct two gene expression clustering algorithms using r : CLUSTERING GENE EXPRESSION DATA USING R LANGUAGEConstruct two gene expression clustering algorithms using R.Select the best algorithm and construct a third improved algorithm.
Mccaskeys first day in newly created position of material : McCaskey is eagerly awaiting her first real-world problem. At approximately 8:30 A.M. it arrives in the form of status reports on inventory and orders shipped. At the top of an extensive computer printout is a handwritten note from Joe Donnell, the p..
How much more interest will and investor earn : How much more interest will and investor earn by placing $15,000 in a 180 day GIC than by purchasing two consecutive 90 day GICs? Assume that interest rates do not change over the next 90 days and that interest earned from the first 90 day GIC wil..
Assume the change in mass of the paps to be negligible : You are part of a design team for future exploration of the planet Mars, whereg= 3.7m/s2. An explorer is to step out of a survey vehicle traveling horizontally at 33m/s when it is 1200m above the surface and then fall freely for 20s.
What date did bert repay the loan : Bert borrowed $7500 from Delores on November 7, 1997. When Bert repaid the loan, Delores charged $190.02 interest. If the rate of simple interest on the loan was 6 3/4%, on what date did Bert repay the loan?
A basic interest rate swap is priced as a zero : A basic interest rate swap is priced as a zero net present value transaction. Explain what this means. Use the two year swap data to demonstrate your argument.

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

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