subject
Business, 11.12.2019 06:31 deagupta

Suppose an investor deposits $2,500 in an interest-bearing account at her local bank. the account pays 2.5% interest compounded annually. if the investor plans on withdrawing the original principal plus accumulated interest at the end of seven years, what is the total amount that she should expect to receive assuming interest rates do not change?

a.$3,532.43
b.$2,971.71
c.$2,974.89
d.$11,920.93

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 16:30
:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?
Answers: 3
question
Business, 22.06.2019 21:00
On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
Answers: 3
question
Business, 22.06.2019 22:00
Only the united states has embassies. true or false
Answers: 2
You know the right answer?
Suppose an investor deposits $2,500 in an interest-bearing account at her local bank. the account pa...
Questions
question
Spanish, 01.08.2019 04:00
Questions on the website: 13722367