how would you set up the formula: A=P(1+% in decimal form)^n using the information: $25250 @ 4 1/4% compounded semi-annually for 7 years?
And then how would you enter that into your calculator in the TVM Solver?
THANK YOU! I'm having real troubles with this!
how would you set up the formula: A=P(1+% in decimal form)^n using the information: $25250 @ 4 1/4% compounded semi-annually for 7 years?
And then how would you enter that into your calculator in the TVM Solver?
THANK YOU! I'm having real troubles with this!
how would you set up the formula: A=P(1+% in decimal form)^n using the information: $25250 @ 4 1/4% compounded semi-annually for 7 years?
And then how would you enter that into your calculator in the TVM Solver?
THANK YOU! I'm having real troubles with this!
how would you set up the formula: A=P(1+% in decimal form)^n using the information: $25250 @ 4 1/4% compounded semi-annually for 7 years?
And then how would you enter that into your calculator in the TVM Solver?
THANK YOU! I'm having real troubles with this!
I have a credit card and the balance is paid off because the 0% APR expired but I might still make some purchases on it if I need to so I am going to keep the account open. I am going to have a 14.99% interest rate. Through some research I have read that the monthly rate will be around 1.25%...
Cellceutix Corporation (OTCBB: CTIX), a bio-pharmaceutical company that develops small molecules to treat cancer and inflammatory disease, announced positive results in an animal study of its recently acquired autism compound, KM-391. In this carefully conducted study, KM-391 was given orally...
Cellceutix Corporation (OTCBB: CTIX), a bio-pharmaceutical company that develops small molecules to treat cancer and inflammatory disease, announced positive results in an animal study of its recently acquired autism compound, KM-391. In this carefully conducted study, KM-391 was given orally...
A car was valued at $45,000 in the year 1992. The value depreciated to $14,000 by the year 2003.
Use the compund interest formula S= P (1+r) ^ t to answer the following questions.
A) What was the annual rate of change between 1992 and 2003?
r=_________ Round the rate of decrease to 4...
A car was valued at $45,000 in the year 1992. The value depreciated to $14,000 by the year 2003.
Use the compund interest formula S= P (1 + r ) ^t to answer the following questions.
A) What was the annual rate of change between 1992 and 2003?
r=_____________
B) What is the correct answer...
Ive been at these problems for hours and i still cant solve them. Im in Finite math
the question is:
what is the present value of $50,000 in 10 years at 12% interest compounded monthly?
ive typed in F= 50,000(1+.12/12) ^12(10)
The answer im getting is 165019.34
but the book says answer is...
With Options to compound Daily,? Compound Interest with an initial amount then weekly deposits (of same amount) With Options to compound Daily,Weekly,Month,Yearly. Also to see the results as Daily, Weekly, Monthly, Yearly as Total Deposits, Total Intrest and Total as an MS Excel Spreadsheet...
With Options to compound Daily,? Compound Interest with an initial amount then weekly deposits (of same amount) With Options to compound Daily,Weekly,Month,Yearly. Also to see the results as Daily, Weekly, Monthly, Yearly as Total Deposits, Total Intrest and Total as an MS Excel Spreadsheet...
Solve the following compound interest problem. Round interest to the nearest cent after each compounding.
If $20,000 is invested in a savings account that pays 4% compounded quarterly, how much is in the account at the end of 9 months?
Any help would be appreciated thanks!
Peter borrows $30 000 from the Bank A at a simple interest rate of 14% p.a. He also borrow $30 000 from Bank B at 10 p.a., compounded yearly. He will return $36 300 to Bank A and Bank B after x years and y years respectively.
(a) Find the value of y
(b) Are the values of x and y the same...
Option 1: 5.4%p.a. compounded with no management fees
Option 2: 5.6% p.a. counpounded annually with management fee of $10 a month (deducted from the account balance at the end of the investment period).
These investments last 10 years each.
ok i am required to come up with 2 ways to find out...
I would like to know how to work out this using compound interest formula:
A term deposit offering 6.6% pa with interest compounding monthly
How would i work that out?
With the help of effective drug therapies, HIV patients are living longer, healthier lives. Now, researchers want to improve these drug therapies and develop alternative preventative strategies, such as vaginal gels and creams that contain the same or related compounds used in treatments for...
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