subject
Business, 25.11.2021 07:00 Liannahiggins

Suppose that $11,000 is invested in a savings account paying 5.8% interest per year. (a) Write the formula for the amount A in the account after t years if interest is compounded monthly. A(t) = (b) Find the amount in the account after 3 years if interest is compounded daily. (Round your answer to two decimal places.) (c) How long will it take for the amount in the account to grow to $20,000 if interest is compounded continuously? (Round your answer to two decimal places.) yr

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 20:10
Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625
Answers: 3
question
Business, 22.06.2019 22:10
Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)
Answers: 2
question
Business, 23.06.2019 02:00
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 2
question
Business, 23.06.2019 07:50
How do you know if two line segments are perpendicular?
Answers: 1
You know the right answer?
Suppose that $11,000 is invested in a savings account paying 5.8% interest per year. (a) Write the f...
Questions
question
Business, 14.06.2021 14:00
question
Business, 14.06.2021 14:00
question
Mathematics, 14.06.2021 14:00
question
Social Studies, 14.06.2021 14:00
question
Computers and Technology, 14.06.2021 14:00
question
French, 14.06.2021 14:00
question
Mathematics, 14.06.2021 14:00
question
Computers and Technology, 14.06.2021 14:00
question
Mathematics, 14.06.2021 14:00
Questions on the website: 13722363