Business
Business, 02.01.2021 01:00, smady

Amy invests 1000 at an effective annual rate of 14% for 10 years. Interest is payable annually and is reinvested at an annual effective rate of i. At the end of 10 years the accumulated interest is 2,341.08. Bob invests 150 at the end of each year for 20 years at an annual effective rate of 15%. Interest is payable annually and is reinvested at an annual effective rate of i. Find Bob's accumulated interest at the end of 20 years. A) 9000 B) 9010 C) 9020 D) 9030 E) 9040

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 22:20, vdestiny858
As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.
Answers: 2
image
Business, 23.06.2019 12:30, quinshayewilli3329
Max maxwell's property is assessed at $412,500. he pays $5775.00 in property taxes, what is the property tax rate in his city?
Answers: 1
image
Business, 23.06.2019 14:00, babiea612
Explain the law of diminishing marginal utility as the basis for the slope of the travellers demand curve
Answers: 2
image
Business, 23.06.2019 20:50, neariah24
Adepression can occur in the expansion phase of a business cycle. true or false
Answers: 2
Do you know the correct answer?
Amy invests 1000 at an effective annual rate of 14% for 10 years. Interest is payable annually and i...

Questions in other subjects:

Konu
Health, 12.12.2019 07:31
Konu
History, 12.12.2019 07:31
Konu
History, 12.12.2019 07:31