How much interest has been earned

Assignment Help Business Management
Reference no: EM131094050

An ordinary annuity has a value of $1,333.85 at the end of 4 years when $150 is deposited every 6 months into an account earning 6% compounded semiannually. How much interest has been earned?

Reference no: EM131094050

Questions Cloud

High-rating for its low default risk : Are bond ratings in concept similar to your own personal credit ratings? The U.S. government is the world's largest borrower and currently enjoys a high-rating for its low default risk.
What must have been the firms revenues : A firm's income statement included the following data. The firm's average tax rate was 20%. What was the firm's net income? What must have been the firm's revenues? What was EBIT?
Value the freehold interest : A 2500m2 office is leased to Tenant at a rent of $350m2 gross for a term of 5 years from last year. Outgoings are $70m2, the current market rent is $450m2 and yields are 7%.
Qualification of in house do-254 compliant digital : In house embedded system is a digital speedometer used to measure and display speed of the automotive system in terms of rotations per minute (RPM). GMR sensor (Giant magneto resistance) can be used to sense the speed. Signal conditioning unit consis..
How much interest has been earned : An ordinary annuity has a value of $1,333.85 at the end of 4 years when $150 is deposited every 6 months into an account earning 6% compounded semiannually. How much interest has been earned?
How do we know if crime prevention really works : How do we know if crime prevention really works? How do we measure behavior we prevent - Find an example (not from the text) where CPTED was used to correct a crime problem in some community.
Take out a loan to buy a new car : You want to take out a loan to buy a new car for which you need to finance $14,033. Your bank will give you a loan at 5% compounded monthly. You look at your budget and decide that you can afford a payment of $228 a month.
Computer-supported communication in work : Q1. The acronym CSCW stands for computer-supported communication in work.
Credit card debt and you plan to pay : You have a $5400 credit card debt, and you plan to pay it off through monthly payments of $90. If you are being charged 15% interest per year compunded monthly, how many months will it take you to repay your debt?

Reviews

Write a Review

Business Management Questions & Answers

  Purchasing amp supply managementdescribe the role of

purchasing amp supply managementdescribe the role of purchasing and supply management in new product development as

  Explain retained earnings on the balance sheet

Explain Retained earnings on the balance sheet represents and Net profits after taxes and Net profits after taxes minus preferred dividends

  Explain a military style of management in a civilian

explain a military style of management in a civilian environmentgiven a retired military officer in a civilian

  Critical success factors in general

Discuss the attributes of Critical Success Factors in general and how do you think are these attributes present in the IT industry or not?

  Guidelines for ethical decision making

You are a middle manager with accountability over a staff of 16 workers. One of your workers is six months pregnant. Over the last months she has missed work an average of two days a week as well as seems to be frequently distracted at work

  Value based management incentivedescribe what a company

value based management incentivedescribe what a company must do in order to successfully implement a value based

  Write a paper addressing how well the change process worked

Write a paper addressing how well the change process worked. As a nurse leader, what would you have done differently to make the change more effective?

  Example on performance reviews

what can be done by the manager and HR to prevent problems before the issues rise to the level of a poor performance review?

  Costa rica presentationyour manager has just told you that

costa rica presentationyour manager has just told you that your last assignment was a hit with the board of directors

  Document instead of buying an entire subscription

Is it possible to only purchase one document instead of buying an entire subscription?

  Talk about the probable outcome

Sam Student had borrowed $1,000 from his cousin. Sam and the cousin became involved in a heated disagreement when the cousin began to press Sam for repayment of the loan.  Talk about the probable outcome.

  How does cost differentiation would affect mcdonalds

Businesses that lack a cost differentiation advantage usually experience average or below-average profitability. How does this would affect McDonalds?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd