Business, 31.07.2019 02:30 izabellehannah7165
Aprincipal of $5500 is invested in an account paying an annual rate of 4%. find the amount in the account after 3 years if the account is compounded semiannually, quarterly, and monthly.
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, where P is the principal, r is the rate as a decimal, n is the number of times compounded per year, and t is the time.Another question on Business
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The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap
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Aprincipal of $5500 is invested in an account paying an annual rate of 4%. find the amount in the ac...
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