How much money do you have today

Assignment Help Financial Management

Reference no: EM131021045

Twenty years ago, you deposited $800 into an account.

You earned 6% APR compounded annually for the first 15 years, and then 6% compounded monthly for the last 5 years.

How much money do you have in your account today?

Create a timetable for this problem.

How much money do you have today?

Does it matter if the investment pays interest monthly and annually?

How does the interest differ?

Reference no: EM131021045

Questions Cloud

Was the ipo an example of direct finance or indirect finance : Were the shares of stock issued as a result of Facebook's initial public offering (IPO) sold in a primary market or a secondary market? Was the IPO an example of direct finance or indirect finance?

How many bones are in the body : How many bones are in the body? Please explain in full detail.

Applications of systems development models : The Systems Development Life Cycle methodology is excessively formal and rigid and should be more flexible and unstructured? - review your original position in light of the counterarguments, showing how they are inadequate to rebut your original st..

What''s the biggest bone in the body : What's the biggest bone in the body? Please draw a picture of its location and what it is connected to.

How much money do you have today : Twenty years ago, you deposited $800 into an account. You earned 6% APR compounded annually for the first 15 years, and then 6% compounded monthly for the last 5 years. How much money do you have in your account today? How much money do you have toda..

What are the stages of photosynthesis : What are the stages of photosynthesis? please explain fully

What are the steps of photosynthesis : What are the steps of photosynthesis? Please explain in full detail.

The initial value of the machine : On December 31, 2016, Bart Inc. purchased a machine from Fell Corp. in exchange for a noninterest-bearing note requiring eight payments of $20,000.

What are frameworks of the law or supreme court : For instance, one position can't be "banning all guns" or "making abortion illegal.

User Account

All Pages