Compute the amount lyle, Lyle O 'Keefe invests $21,900 at

Compute the amount lyle

Reference no: EM13133796

Lyle O 'Keefe invests $21,900 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 9 years. At the end of the 9 years, Lyle withdrew the accumulated amount of money.

(a) Compute the amount Lyle would withdraw assuming the investment earns simple interest.

Reference no: EM13133796

Questions Cloud

What is the payback period : Bailey, Root, and Wylie, LLP, a law firm, is considering the replacement of its old accounting system with new software that should save $6,000 per year in net cash operating costs.

Clockwork orange : I am working withis this thesis: "its exactly this illusory sense of individuality, accessable to the upstanding members of society, denied the prisoners, which makes the conformity of the upstanding member of society the more insidious and fatal of ..

Evaluation of division using return on investment : If a division is evaluated using return on investment (ROI) without regard to how assets are financed, the denminator in the ROI calculation will be

Various types of legal issues : Identify various types of legal issues.Identifying the legal issue guides the researcher to the specific legal problem raised by the unique facts of the client's case.

Compute the amount lyle : Lyle O 'Keefe invests $21,900 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 9 years. At the end of the 9 years, Lyle withdrew the accumulated amount of money.

Write a one page summary of various strategies : locate an article via the Alabama virtual library on motivational strategies .write a one page summary of various strategies used to address motivation in the classroom .be sure to cite your sources of information .

Probability mean from sample families have pounds of garbage : Garbage quantity is approximately normally distributed. Find the probability that the mean from a sample of 30 families will have between 17 and 18 pounds of garbage.

Determining heron formula : An equilateral triangle has each side 4x units long. Find its area both by the standard formula, A=(1/2)bh and by Heron's Formula and verify the results are equal.

Deriving the distance formula : Explain how to derive the distance formula (assuming that the distance formula is not yet known), first in 2 dimentional and then in 3 dimentional

User Account

All Pages