Solution-You just deposited 5000 in a bank account that

You just deposited 5000 in a bank account that pays a 12

Reference no: EM13569357

You just deposited $5,000 in a bank account that pays a 12% nominal interest rate, compounded monthly. If you also add another $10,000 to the account one year (12 months) from now and another $15,000 to the account two years from now, how much will be in the account three years (36 months) from now?

Reference no: EM13569357

Questions Cloud

An investment costs 500 and is expected to produce cash : an investment costs 500 and is expected to produce cash flows of 50 at the end of year 1 60 at the end of year 2 70 at

A company estimates that warranty expense will be exp of : a company estimates that warranty expense will be exp of sales. a company estimates that warranty expense will be 1 of

What are various types of nonlethal weapons used for : post your response under this thread for discussion questions by friday of course week. 250 words each question with

Douglass inc has sales of 132000 costs of 103000 : douglass inc. has sales of 132000 costs of 103000 depreciation expense of 11000 and interest paid of 4100. the tax rate

You just deposited 5000 in a bank account that pays a 12 : you just deposited 5000 in a bank account that pays a 12 nominal interest rate compounded monthly. if you also add

You are required to read the media release about : word limit or equivalent 2500 wordsreferencing you are required to follow the apa style of referencing for this

Materials used by the company in producing division cs : materials used by the company in producing division cs product are currently purchased from outside suppliers at a cost

Assume that income from operations amounts to 350000 and : assume that income from operations amounts to 350000 and top management has established 15 as the minimum rate of

Holvey company makes three products in a single facility : holvey company makes three products in a single facility. data concerning these products follow the mixing machines are

User Account

All Pages

You just deposited 5000 in a bank account that pays a 12

Reference no: EM13569357

Reference no: EM13569357

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Computation of npv and sensitivity analysis

What would be the interest portion of the payment scheduled

Describe how lessee accounts for a capital lease both at

What is the preferred stock price

What are the after-tax cash flows for the project

How many shares must the venture capitalist receive

What is the projects npv

What will be your monthly payment

How does this transaction affect mi and m2

What is the bonds price if comparable debt yields 12%

Find the intrinsic value of the stock of company abc using

How much debt should a firm include

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT