Monday
April 21, 2014

Homework Help: Finance

Posted by Anonymous on Saturday, June 2, 2012 at 10:50pm.

$2,000 at 12% for 20 years

(a) Calculate the future amount if the money were invested at simple interest

(b) Calculate the future amount if the money were invested with annual compounding. (Round your answer to the nearest cent.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

corp. finance - What is the future value at the end of year 20 of depositing $5,...
Accounting - How do I calculate the future value of the following? $5,000 ...
finance please help - 1. Calculate the present value of an investment given the...
Finance for decision makers - Joe Nautilus has $120,000 and wants to retire. ...
finance mortgage payment - What is your monthly mortgage payment on a loan for $...
FINANCE - What will $10,000,000 be in 12 years if it earns 7% and you add $5,000...
are these correct - b. Calculate the profit or loss on 12,000 bags and on 25,000...
finance - Find the future value of the ordinary annuity with payout of $20,000 ...
finance - equipment cost $20,000 and is financed over a period of five years at ...
Finance:capital budget - I am suppose to write a 1400 word paper based on the ...

Search
Members