subject
Business, 11.09.2019 02:30 aiguillen6228

Aperson is planning to open a savings account with the intent to buy a house in 5 years. they will invest an equal amount each month for 5 years. this account will earn 6% per year(.5% per month)and will have $300,000 at the end of 5 year term. what is the amount of the monthly investment?
a. 4169
b. 4435
c. 4300
d. 5296

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:00
What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000
Answers: 2
question
Business, 22.06.2019 00:10
Which of the following is a problem for the production of public goods?
Answers: 2
question
Business, 22.06.2019 03:00
You are the manager of the packaging department in a cookie factory. (obviously, the packaging employees cannot eat the cookies that are transferred in during the period.) after your employees insert cookies into colorful packages (step 1) for display on store shelves, the packages of cookies are then boxed using cardboard cartons (step 2) for shipment to stores. each unit of product is represented by a carton of packaged cookies. the packaging department began the period with 1,000 units of cookies. during the period, 5,000 units of cookies were transferred in from the baking department and 5,500 units of cookies were transferred out to the finished goods department. the number of units of cookies in the ending inventory of the packaging department equals:
Answers: 1
question
Business, 22.06.2019 14:50
Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)
Answers: 2
You know the right answer?
Aperson is planning to open a savings account with the intent to buy a house in 5 years. they will i...
Questions
question
English, 17.10.2019 21:50
question
Mathematics, 17.10.2019 21:50
question
Social Studies, 17.10.2019 21:50
question
Mathematics, 17.10.2019 21:50
Questions on the website: 13722363