What will the investment be worth at the end

Assignment Help Finance Basics
Reference no: EM13280921

If you place $50 in a savings account with an interest rate of 7% compounded weekly, what will the investment be worth at the end of five years (round to the nearest dollar)?

Answer

$72
$70
$71
$57

 

Reference no: EM13280921

Questions Cloud

How much work does the father do : A father pulls his young daughter on a sled with a constant velocity on a level surface a distance of 10 m. how much work does the father do
Determine the first sphere hits the ground at a distance : Two small spheres having same mass and charge are loacated at the same vertical line at heights h1 and h2(h2>h1). They both are thrown simultaneously with the same velocity V in the same direction along the horizontal.
What is the amount of the lump sum : What is the amount of the lump sum that would be exactly equal to the present value of the annual installments? Round off to the nearest $1.
Find the magnitude of the force of the dog on elevator floor : a 5.0 kg dog sits on the floor of an elevator that is accelerating downward at 1.20 m/s^2 , find the magnitude of the force of the dog on the elevator floor
What will the investment be worth at the end : If you place $50 in a savings account with an interest rate of 7% compounded weekly, what will the investment be worth at the end of five years (round to the nearest dollar)?
Connect a voltage divider to an output of a dc power supply : Design it to give an output that is 1/3 of the supply voltage. Furthermore neither the power ratings of the resistors nor the current rating of the supply are to be exceeded. The voltage output of the divider much not change by more than 1% when l..
What is your holding period return : You bought Chemtron stock for $45 a year ago. It is selling for $54 today. What is your holding period return?
Demonstrate that system model work by running inputs : Pattern Recognizer (using a state transition diagram in simulink) Consider a Pattern Recognizer that accepts single digit inputs (0-9) each time unit and outputs a NO (or 0) until the pattern 933493 has been seen in the stream of inputs
What is the circumference and radius of planet : A planet Z has a hole bored in it at its equator , and a shaft of light from it's star goes straight down that hole to the bottom, what is the circumference and radius of planet Z

Reviews

Write a Review

Finance Basics Questions & Answers

  Computing dividend payout ratio

Axel Telecommunications has a target capital structure that consists of 70% debt and 30% equity. The corporation anticipates that Axel capital budget for the upcoming year will be $3,000,000.

  What difficulties might come up in actual applications

What difficulties might come up in actual applications of the various criteria we discussed in this unit? Which criterion will be easiest to implement in actual applications? The most difficult? Provide elaborate examples to support your reasoning..

  Objective questions on shareholders'' interest and roa

Objective questions on shareholders' interest and ROA and ROI

  Calculate roi and eva

ELN Waste Management has a subsidiary that disposes of hazardous waste and a subsidiary that receives and disposes of residential garbage.

  Yield to call and realized rates of return

Calculate the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price.

  What happens to the leased property

At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted. And then are asked to answer the following questions: If Ann dies during the period of the lease, what happens to the leas..

  Computing the standard deviation for treasury bills

Computing the standard deviation for treasury bills and Calculate the standard deviation of Treasury bill returns and inflation over this period

  Estimating the break even point

A corporation produces glue in eight ounce tubes. The total fixed costs for the production of the glue are $477,999.50.

  The market''s estimate of the company''s growth ratete

Suppose your own 10% estimate of the stock's required rate of return is shared by the rest of the market. What does the market price of $50.00 per share imply about the market's estimate of the company's growth rate?

  Find the financial statements for a publicly traded company

Find the financial statements for a publicly traded company, and calculate the company's z-score. Identify (approximately 100 words) whether you think the company is at risk for financial failure, based upon its z-score and other factors that you ..

  Estimate expected return on the stock

Assume the expected return on the market is 13.8% and the risk-free rate is 6.4%. Carib Corporation stock has a beta of 1.2.

  Prepare the appropriate journal entry

Prepare the appropriate journal entry. (If no entry is required for an event, select "No journal entry required" in the first account field.)

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