What would be the balance at the end of ten years

Assignment Help Microeconomics

Reference no: EM132144282

Question: You are making $1000 monthly deposits into a fund that pays interest at a rate of 6% compounded monthly. What would be the balance at the end of 10 years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132144282

Questions Cloud

Indicate the event that an odd number : Suppose that a fair, 6 sided die is rolled. Let X indicate the event that an odd number is rolled (in other words, X = 1 if an odd number is rolled

What is the price-earnings ratio : BTE 302 : If a stock sells for $ 100 a share and the company earned $ 20 per share, what is the Price-Earnings Ratio?

Policies and procedures develop range of policies : Policies and procedures Develop a range of policies and accompanying procedures for recruitment, selection and induction in a new organisation.

Explain in detail what is meant by non-contractual promises : Explain in detail what is meant by "non-contractual promises" (enforceable and unenforceable).

What would be the balance at the end of ten years : You are making $1000 monthly deposits into a fund that pays interest at a rate of 6% compounded monthly. What would be the balance at the end of 10 years?

What laws govern arbitration in the us : What are the advantages and disadvantages for Monarch Associates under the arbitration arrangement?

Kaiser e-health records management system implementation : Kaiser Foundation Health Plan/Hospitals’ implementation of HealthConnect, a $4 billion electronic health records management system from Epic Systems Corp.,

How much should invest in that system now : A home owner needs to generate electricity worth of $3000 at the end of every year from his PV modules to be able to achieve a 25% green power.

Is a computer a crime scene : Is a computer a crime scene? Why or why not? Under what circumstances? What are you looking for?

User Account

All Pages