subject
Business, 15.11.2019 03:31 cdfvghjk

Compute the interest rate at which $500 per month payments should grow to accumulate savings of $100,000 in 7 years. payments are made at the end of each month. (note: round your answer to two decimal places.) rate disc nominal effect a b 1 data description 2 nper 7 x 12 = 84 3 pmt 500 4 pv 0 5 fv 100,000 6 [type] 0 7 interest rate =effect(1.87%, b5) 8 = %

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
question
Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
question
Business, 23.06.2019 07:50
Anew joint command and control system is being developed to meet the strategic information needs of all the military services. the air force is the lead service, but the army and navy have different points of view about what functions the system should perform. which one of the software acquisition best practices would be most relevant in managing this issue as the program office undertakes system development?
Answers: 3
question
Business, 23.06.2019 11:30
When balancing wheels with either dynamic or road force balancers, technician a says it is really important to follow the instructions provided with the particular balancer you're using. technician b says that when rebalancing a wheel, if it is out of balance, it is best to remove the old weights and recheck the balance before adding new weights. who is correct?
Answers: 2
You know the right answer?
Compute the interest rate at which $500 per month payments should grow to accumulate savings of $100...
Questions
question
Mathematics, 01.05.2021 05:30
question
Mathematics, 01.05.2021 05:30
question
Mathematics, 01.05.2021 05:30
question
Physics, 01.05.2021 05:30
question
Physics, 01.05.2021 05:30
question
Chemistry, 01.05.2021 05:30
question
Biology, 01.05.2021 05:30
Questions on the website: 13722363