How much total interest is earned on original deposit

Assignment Help Financial Management

Reference no: EM131879647

Consider a $5,300 deposit earning 10 percent interest per year for 10 years. What is the future value? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value $ How much total interest is earned on the original deposit? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Total interest earned $ How much is interest earned on interest? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Interest earned on the interest $

Reference no: EM131879647

Questions Cloud

What return did you earn : What return did you earn? Return earned % What return would you suffer next year for your investment to be valued at the original $3,000?

Expected annual growth rate : An investor with a required return o 14% for very risky investments in common stock has analyzed 3 firms and must decide which, if any, to purchase.

Price and earnings multiple for the typical firm : "The Price/Earnings multiple for the typical firm in the construction industry is 17.

What characteristics identify the proactive police agency : What major characteristics identify the proactive police agency?What do you see as the greatest impediment to implementing a proactive style of policing?

How much total interest is earned on original deposit : Consider a $5,300 deposit earning 10 percent interest per year for 10 years. How much total interest is earned on the original deposit?

How would you implement a performance management system : How can you ensure that information about available mental health resources and psychological assistance is provided to first responders?

Create a new checking account object : Create a new checking account object. Assign it an initial balance of $1,000. The account name should be your last name concatenated with the word Checking.

Discuss the means of differentiating products and services : Consider the many means of differentiating products and services. Which technology brand does the best at impacting consumer buying decisions? Why?

Find ten cases that involved internet related crimes : Choose the one that interests you the most. If none of those interest you, you may choose a case from any category listed in Chapter 1 of the text.

User Account

All Pages