Verify how long $400 must be left to store at 12 % p.a. compounded monthly for it to amount to triple the soted value of another $400 deposited at the similar time at 8.8% p.a. compounded quarterly.

Posted Date: 3/23/2013 6:10:13 AM | Location : United States

Ask an Expert

Related Discussions:- Compounded monthly , Assignment Help, Ask Question on Compounded monthly , Get Answer, Expert's Help, Compounded monthly Discussions

Write discussion on Compounded monthly
Your posts are moderated

Write your message here..

Related Questions

., parabola parabola

Provide a derivation, This is a pen and paper exercise, you are expected to... This is a pen and paper exercise, you are expected to provide a detailed derivation. Follow the procedure outlined in the lectures for construction of a simple averaging by thr

11, y''(x)=2*10^-6*y(x)(100000-y(x)) y''(x)=2*10^-6*y(x)(100000-y(x))

Electrical, The P.D. at the feeder end of a two wire d.c. distributor is 6... The P.D. at the feeder end of a two wire d.c. distributor is 600 volts. Two loads are connected to the distributor at distances of 600 feet and 1000 feet from the feeder end and t

First order system, As with the first order system, there is a general diff... As with the first order system, there is a general differential equation that governs the response of a second order system.  The equation is of the form: Where: So

Time, Two boys A and B are at two diametrically opposite points on a circle... Two boys A and B are at two diametrically opposite points on a circle. At one instant the two start running on the circle; A anticlockwise with constant speed v and B clockwise wit

Dot plot graph, What does a dot plot graph look like with the measurements ... What does a dot plot graph look like with the measurements 85.1 mm,85.0 mm,85.2 mm, and 85.1 mm

Describe basic fourier theory, An experiment conducted over time T necessar... An experiment conducted over time T necessarily produces a windowed view of the phenomenon generating the data. It is a useful strategy to regard the windowed data as one period of

Six years time, A young couple requires RM30000 for an overseas trip which ... A young couple requires RM30000 for an overseas trip which they want to make in six years time. How much they have to invest now at 18% p.a. compound interest compounded monthly, t

Trigonometric functions, definition of trigonometric function #Minimum 100... definition of trigonometric function #Minimum 100 words accepted#