Business
Business, 06.05.2020 21:06, Superstar7180

Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with an EAR of 6.6%. If this account pays interest every month then how much should he save from each monthly paycheck in order to have $ 12 comma 000 in the account in two years' time?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 02:00, nayelycuencax
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
image
Business, 22.06.2019 06:50, jungcoochie101
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500
Answers: 3
image
Business, 22.06.2019 20:30, BeverlyFarmer
Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.
Answers: 3
image
Business, 22.06.2019 21:20, dorianhenderson987
Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.
Answers: 3
Do you know the correct answer?
Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with a...

Questions in other subjects:

Konu
Spanish, 30.11.2019 14:31
Konu
Mathematics, 30.11.2019 14:31