Business
Business, 17.04.2020 23:01, 036501

Merle Fonda opened a new savings account. She deposited $40,000 at 10% compounded semiannually. At the start of the fourth year, Merle deposits an additional $20,000 that is also compounded semiannually at 10%. At the end of six years, the balance in Merle's account is:

A.$73,604.00
B.$53,604.00
C.$80,406.00
D.$98,636.72
E. None of these

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 11:50, CheddaDsk
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
image
Business, 22.06.2019 13:50, tinasidell1972
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
image
Business, 22.06.2019 14:20, nataliaalejandradasi
Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
Answers: 1
image
Business, 23.06.2019 00:30, destinyd10189
Dr. hughes enjoys offering to employees who perform over and above the call of duty
Answers: 1
Do you know the correct answer?
Merle Fonda opened a new savings account. She deposited $40,000 at 10% compounded semiannually. At t...

Questions in other subjects:

Konu
Business, 13.02.2021 06:00