Mathematics, 29.06.2019 12:00, smooth5471

Calculate the future value of $1,000,000, earning interest at a rate of 3% that is compounded quarterly for 4 years and 3 months

Answers: 1

Show answers

Similar questions

Mathematics, 29.06.2019 13:00, jv910699

Calculate the future value of $51,123.21, earning interest at a rate of that is compounded daily for 20 years and 2 months (use the traditional banker’s rule of 30 days per month). $82,205.56 $82,596.95 $82,531.59 $82,493.84

Answers: 1

continue

Mathematics, 19.07.2019 20:10, vicky10445

3. at the end of every three months, sheila invested $375 into an account earning interest at 3% compounded monthly. what is the accumulated value in the account after eight years? 4. toby has opened an rrsp account by making an initial deposit of $1,200. she intends to make quarterly deposits for 20 years, increasing at a constant rate of 1.5%. how much of the accumulated value just after the last deposit was made if interest is 7% compounded quarterly? 5. what is the future value of monthly payments of $50 each for four years and two months at 4.62% compounded monthly if the payments form an annuity due? 6. arnie will receive payments of $850 at the beginning of every month from a trust account starting on his 30th birthday and continuing for 20 years. interest is 5.04% compounded monthly. what is the balance in the trust account on arnie's 50th birthday? a debt of $40,000 is to be repaid in installments due at the end of each month for seven years. if the payments are deferred for three years and interest is 7% compounded quarterly, what is the size of the monthly payments? 7. western railway leases land owned by the city of regina, paying $11,000 at the begi each year. for what amount should western offer to buy the land if interest is 65% compounded annually? flexlabs borrowed funds to purchase a new blood analysis machine by signing a loan contract requiring payments of $1,630 at the end of every three months for six years. how much is the cash value of the contract if month is worth 8.1% compounded quarterly? ronita contributed $450 at the beginning of every three months to an rrsp. interest on th 8. 9. torh what will the balance in the account be after seven

Answers: 1

continue

Mathematics, 30.08.2019 19:30, Lacey9148

Find the accumulated value after 12 years of deposits of $360 made at the beginning of every 3 months and earning interest of 7.5% compounded quarterly 3. what nominal annual rate of interest compounded quarterly was paid if contributions of $250 made into rrsp at the beginning of every3 months amounted to $14559 after 10 years? 4. if gary accumulated $5700 in his savings account over 5 years, how much did he deposit at the beginning of each month if interest rate is 4.35% compounded monthly? 5. a vacation property valued at $25000 was bought for 15 payments of $2200 due at the beginning of every 6 months. what nominal annual rate of interest was charged

Answers: 1

continue

Do you know the correct answer?

Calculate the future value of $1,000,000, earning interest at a rate of 3% that is compounded quarte...

Questions in other subjects:

Chemistry, 18.03.2021 02:00

C3H8 + xO2 > 3CO2 + yH2O which value of x and y balance the equations...

Geography, 18.03.2021 02:00

I have to unzip my jacket because it is getting very hot....

Biology, 18.03.2021 02:00

Which of the following are techniques besides molecular clocks used by scientist to calculate the rate at which a stretch of DNA changes? (Choose all that apply) •comparison of hu...

English, 18.03.2021 02:00

I need help! Thanks in advance ...

Mathematics, 18.03.2021 02:00

Oblicz -12+4*(-11) -(-5) 4...

Computers and Technology, 18.03.2021 02:00

Discuss the advantages of a GUI operating system (MS Windows) over a text-based operating system (DOS).זזו...

English, 18.03.2021 02:00

Please someone i really need help with this ToT . Choose a major character from The Crucible, and using the French and Raven’s Five Forms of Power article, evaluate how that char...

Mathematics, 18.03.2021 02:00

(HELP ASAP) Can someone please answer my recent questions? Yes answer for free points ONLY if you are gonna go answer. Please don’t troll, I will report....

English, 18.03.2021 02:00

Annotate the second stanza of the Banyan tree...

Biology, 18.03.2021 02:00

Uh its science and its about the moon n stuff ...

Other tasks in the category: Mathematics More task