How much would you have in a bank account at the end

Assignment Help Managerial Economics
Reference no: EM13987164

1. How much would you have in a bank account at the end of 9 years if $9,390 is invested at 3% compounded quarterly?

2. Suppose that you have $25,000 that you would like to invest for 5 years and you are trying to decide between investing at two different banks. Trust Us Bank offers interest at 6.36% compounded monthly while Don't Trust Them Bank offers interest at 6.45% compounded annually. Which bank will yield the larger compound amount at the end of 5 years and how much more (rounded to the nearest dollar) will this amount be than if you decided to choose the other bank?

3. How much interest is accumulated on a 42-month $5,000 investment if the investment earns 5.2% interest compounded quarterly? (Round your answer to the nearest penny.) 

Reference no: EM13987164

Questions Cloud

Describe these types of supply chain relationships : There are 2 types of logistics relationships: vertical and horizontal. Complete the following: Describe these types of supply chain relationships and how they differ. Create a graphic that illustrates how the different types of supply chain relations..
What is the total acceleration : The bottom of a test tube is 9.07 cm from the spin axis of a centrifuge. What is the total acceleration when the angular speed is 8.00 rad/s and the angular acceleration is 95.0 rad/s2?
Optimal consumption bundle : Boo spend all of her income on tacos. There are only two varieties of tacos: chicken and pork, and Boo preferences pork taco. You could write her function as U=C + 3P. Chicken tacos cost $1, pork tacos $2.50, and she has an income of $40. Derive Boo'..
Gambler ruin probability for player : Determine the gambler's ruin probability for Player A when both players begin with $50, bet $1 on each play, and where the win probability for Player A in each game is: (a) p = 0.49292929 (b) p = 0.5029237 What are the gambler's ruin probabilities..
How much would you have in a bank account at the end : How much interest is accumulated on a 42-month $5,000 investment if the investment earns 5.2% interest compounded quarterly? (Round your answer to the nearest penny.)
What is the cylinders angular speed in rpm : A box is attached to a cable that is wrapped around a cylinder that has a diameter of 75.0 cm. As the box falls it rotates the massless cylinder with zero friction. If the box starts from rest, what is the cylinders angular speed in rpm when the ..
How far will go given that coefficient of kinetic friction : A box is given a push so that it slides across the floor. Part A How far will it go, given that the coefficient of kinetic friction is 0.15 and the push imparts an initial speed of 3.6 m/s ? Express your answer to two significant figures and inclu..
Determining the standard deviation of the flow : The probability of a river flow exceeding 2,000 cubic meters per second is 15% and the coefficient of variation of these flows is 20%. Assuming a normal distribution calculate
Expected number of passengers : Passengers enter a train station according to a Poisson process of rate 4. A train departs the station at a random time uniformly distributed between 0 and 5, and a second train departs at time 5.

Reviews

Write a Review

Managerial Economics Questions & Answers

  7 problem-solving question use the following data for a

7. problem-solving question use the following data for a firms output at various levels of employment l to calculate a

  What would support or oppose the legislation

You are the manager of a firm that competes against four other firms by bidding for government contracts. While you believe your products is better than the competition, the government purchasing agent views the products

  1 the abner corporation a retail seller of television sets

1. the abner corporation a retail seller of television sets wants to determine how many television sets it must sell in

  Expected benefits for a risk neutral manager

BK books is an online retailer that also has 10,000 bricks and mortar outlets worldwide. You are a risk neutral manager within Corporate Finance Division and are in dire need of a new financial analyst.

  Market structure and pricing decision applied problems

Market Structure and Pricing Decision Applied Problems, BUS 640 Managerial Economic,

  A rise in money supply cause a large rise

Under what circumstances will (a) A rise in investment and (b) A rise in money supply cause a large rise in national income?

  Discuss the effect that such penalty will have on leadership

Poorly performing employees in Japanese firms are sometimes punished. Discuss the effects that such a penalty will have on the leadership effectiveness of the punished employees.

  Following transactions that affected the common stock

On January 1, 20 x 1, Wilk Corp. had 480,000 shares of common stock outstanding. During 20 x 1, it had the following transactions that affected the common stock account.

  What are brief facts of the case that led to investigation

Provide a brief discussion of the auditor liabilities and the potential defenses - What are the brief facts of the case that led to the investigation and what duties of care, laws, or responsibilities to clients were violated?

  Should solaces management agree to sell explain

The Solace Company has an inventory of steel that it originally purchased for $20,000. It currently has an offer to sell the steel for $30,000. Should Solace's management agree to sell? Explain.

  What environmental law currently up for debate before

What environmental law, currently up for debate before a state or federal government, do you support and why?In your own words, please post a response to the Discussion Board and comment on at least 2 other postings. You will be graded on the quality..

  Financial impact of outsourcing the grounds maintenance

College A is planning outsourcing their groundskeeping. They have been given a bid from Groundskeeper Willie for $250,000 a year, with the claim that he will keep school grounds in the same condition they are in now.

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