Maintains the account and required minimum balance

Assignment Help Financial Management

Reference no: EM131859704

Teresa has just opened a NOW account that pays 5.40% interests if she maintains the account at the required minimum balance of $490 for the next 12 month how much interests will she earn?

If she maintains the account and the required minimum balance of $490 for the next 12 months the amount she will earn and interests is ___

Reference no: EM131859704

Questions Cloud

State grants to school districts is based and policy goal : Discuss the formula on which the distribution of state grants to school districts is based and the policy goal.

Estimate the terlingua equity beta : Estimate the Terlingua’s equity beta using the best procedure described in the lecture.

What is the company return on assets : Assume that if Home Depot issues new bonds, the bonds will have 10 years to maturity. What is the company’s return on assets?

Lawsuit risk is one of the three major risks attitudes : Lawsuit risk is one of the three major risks attitudes that prevail in our lives

Maintains the account and required minimum balance : If she maintains the account and the required minimum balance of $490 for the next 12 months the amount she will earn and interests is ___

Two call options and one put with the same maturity : You're long two call options and one put with the same maturity. The calls have strikes of 40 and 50 and the put has strike 50.

Combined communications is firm in rapidly growing industry : Combined Communications is new firm in rapidly growing industry. What is current value of one share of stock if required rate of return is 9.75 percent?

How much should be deposited in the fund : A trust is to be built through a single deposit, so that at the end of 15 years it is $3, 000.000 in the background. how much should be deposited in the fund?

Evaluating fixed versus freely floating exchange rate system : In evaluating fixed versus freely floating exchange rate systems, one must realize that

User Account

All Pages