subject
Business, 13.10.2019 11:10 IIIKiXIII

You are to make monthly deposits of $500 into a retirement account that pays 10.3 percent interest compounded monthly. if your first deposit will be made one month from now, how large will your retirement account be in 35 years?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:40
Elephant, inc.'s cost of goods sold for the year is $2,000,000, and the average merchandise inventory for the year is $129,000. calculate the inventory turnover ratio of the company. (round your answer to two decimal places.)
Answers: 1
question
Business, 22.06.2019 14:20
Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?
Answers: 1
question
Business, 23.06.2019 20:10
Greg is planning an advertising campaign to promote his kayak tour company. the success of his ad campaign depends on the quality of his kayaks. how much money he spends. how well he can identify his target audience. how much consumers like him. whether he can gain commitments from manufacturers for complementary products.
Answers: 3
question
Business, 23.06.2019 22:00
enrique borrowed $3600 to put a down payment on a motorcycle. the loan had a simple interest rate of 8% for 2 years. use the formula i = prt to find the amount of interest he will pay on the loan. i = interest; p = principal; r = rate (expressed as a decimal 0.08); t = time in years.
Answers: 1
You know the right answer?
You are to make monthly deposits of $500 into a retirement account that pays 10.3 percent interest c...
Questions
question
Mathematics, 11.11.2019 20:31
question
Social Studies, 11.11.2019 20:31
Questions on the website: 13722361