How much will you have in savings plan after 15 years

Reference no: EM13206702

A credit card company wants your business, If you accept their offer and use their card, they will deposit 1% of your monetary transactions into a savings account that will earn a guaranteed 5% per year. If your annual transactions total an average of 1,000. How much will you have in this savings plan after 15 years?

Reference no: EM13206702

Questions Cloud

What is a stakeholder : What role does the target research population play in reference to recruitment and retention strategies? What are some possible recruitment and retention challenges a researcher may experience?

Compare the number of floating point operations : Compare the number of floating point operations (see "flops") needed by the two approaches to spectral differentiation which method is preferable?

In predicting a respondent''s attitude toward abortion : In predicting a respondent's attitude toward abortion, the most important characteristic is

What is best for student success : This includes the concept of courses, assessments, diagnostics, placement, delivery methods, funding models, and more. What is best for student success?

How much will you have in savings plan after 15 years : A credit card company wants your business, If you accept their offer and use their card, they will deposit 1% of your monetary transactions into a savings account that will earn a guaranteed 5% per year.

Culture-bound syndrome : Culture-bound syndrome is listed in the Appendix of DSM-IV-TR who can tell me if this Culture-bound syndromes looks like a behavior you might also see in the U.S.?

State what is the average density of the basketball : The ball has a mass of 0.5 kg and a diameter of 22 cm. What is the average density of the basketball?

What is the minimum cost : The marginal cost C(x) of manufacturing x cell phones is 2 C ( x) = 5 x - 200 x + 4000 . How many cell phones should be manufactured to minimize cost? What is the minimum cost?

Describe customer perceived value-total customer benefit : Describe customer perceived value, total customer benefit, and total customer cost. How do the total customer benefit and the total customer cost affect the consumer’s perception? Explain

User Account

All Pages