User Account

All Pages

How much interest will you earn

Assignment Help Accounting Basics
Reference no: EM133027875

Question - You invest $3,000 in a certificate of deposit that matures after twelve years and pays 4 percent interest, which is compounded annually until the certificate matures.

a. How much interest will you earn if the interest is left to accumulate?

b. How much interest will you earn if the interest is withdrawn each year?

Reference no: EM133027875

Questions Cloud

What is the book value after the second year : In the second year, the popper produced 14,000 buckets of popcorn. What is the book value after the second year on the popcorn popper
What would be your advice to the Bank on July : Given the recent inflation and unemployment numbers, what would be your advice to the Bank on July 14, 2021, i.e., keep the rate on hold at 0.25%
Prepare a draft an email memo : Analyse the Performance Information relating to the new campuses - Prepare a draft an email to be sent to the CEO
Implement strategies for recruiting staff : Implement the operational plan by organising human resources and equipment requirements in accordance with organisational policy and procedures
How much interest will you earn : You invest $3,000 in a certificate of deposit that matures after twelve years and pays 4 percent interest, How much interest will you earn
Develop operational plan project : Develop operational plan project - Strategic Plan to identify all the actions that will need to be completed to achieve the College's objectives
What is the operating leverage : BSA Company reported P240,000 total fixed costs, P18 sales price per unit, P12 variable cost per unit. At 50,000 units, what is the operating leverage
Discuss the concept of a balanced scorecard : Discuss the concept of a balanced scorecard as an alternative approach to measuring business performance through key performance indicators
Explain the purpose of a Strategic Plan : Explain the purpose of a Strategic Plan and an Operational Plan, and the role of an Operational Plan in achieving the organisation's objectives.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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