Problem related to compounded semi-annually

Assignment Help Accounting Basics
Reference no: EM13129603

If I invest $40,000 0n January 1, 2010 in a savings account that earns interest of 8% compounded semi-annually. What will be the amount in the fund on December 31, 2015?

Reference no: EM13129603

Questions Cloud

Bradshaw and newell over the two-year period : Based on the information for both Bradshaw and Newell over the two-year period, the earnings per share calculations (rounded to two decimals) indicate that: A) Bradshaw is seeing a greater performance improvement than Newell.
What is the temperature : A 2.41-L container is filled with 189 g argon. If the pressure is 10.0 atm, what is the temperature?
Synthesized from the informational strand of dna : What tripeptide would be synthesized from the informational strand of DNA with the sequence 5' GTATCCAGT?
Problem regarding closing entries : Which is the following that is not true about closing entries?
Problem related to compounded semi-annually : If I invest $40,000 0n January 1, 2010 in a savings account that earns interest of 8% compounded semi-annually. What will be the amount in the fund on December 31, 2015?
How many moles of h2so4 are present : A sample of H2SO4 contains 1.11 grams of H (1.01 g/mol). How many moles of H2SO4 (98.02 g/mol) are present?
What maximum partial pressure of no builds up : If a reaction mixture contains only N2O and NO2 at partial pressures of 1.0 atm each, the reaction will be spontaneous until some NO forms in the mixture.
Mixture where particles remain in semipermeable membrane : Mixture where particles remain in semipermeable membrane, Particles of this mixture remain inside a semipermeable membrane. What is it Solution, colloid or suspension?
Give the journal entry made on sears : Sears collected $57000 from the issuance of bonds with a face value of $50000. A portion of the cash receivable, $2000 was accrued interest. give the journal entry made on sears book to account the issuance of the bonds.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd