What is the amount in her account after three years

Assignment Help Accounting Basics
Reference no: EM133041636

Question - Brianna deposits $650 in a savings account that earns 1.8% annual interest compounded semi annually. Please round the answer to the nearest cent.

A. What is the amount in her account after 3 years?

B. How much interest has Brianna earned over those 3 years?

Reference no: EM133041636

Questions Cloud

Pro and con of external recruiting : Question- Pro's and Con's of external recruiting. I want a new answer not already existing one, this is for assignment that go's through plagiarism.
What the simple rate of return on the investment : By automating the process, the company would save $159,000 per year. In cash operating costs, what the simple rate of return on the investment
Employee engagement strategies : What are employee engagement strategies and which one can you recommend to a new manager who will be taking over management over a saloon was treated badly by t
Describe the industrial disputes act : 1. Describe the Industrial Disputes Act in details and give examples of this act.
What is the amount in her account after three years : Brianna deposits $650 in a savings account that earns 1.8% annual interest compounded semi annually. What is the amount in her account after three years
Ontario correctional institute : What sort of plan did the Ontario Correctional Institute have for COVID? Explain and provide details.
What is the balance of the APIC at December : May 1 Declared a 10% stock dividend to be distributed on June 1 to stockholders of record on May 7. What is the balance of the APIC at December
Executive compensation plans : Our investors are encouraging me to go public next year. They want Horizon365 to become a publicly-traded company as soon as possible.
Part of the benefits package : Although I'm proud of our top-of-the-line benefits package, I'm also concerned that it might become too expensive to maintain after we add 800 new employees. Wh

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