Friday
October 24, 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

Algebra - Compare the future amounts (A) you would have if the money were ...
Algebra - Compare the future amounts (A) you would have if the money were ...
algebra with application - $4,000 at 10% for 20 years (a) Calculate the future ...
math - $3,000 at 8% for 30 years (a) Calculate the future amount if the money ...
algebra with application - $4,000 at 10% for 20 years (a) Calculate the future ...
algebra - A total of $12,000 is invested in two funds paying 9% and 11% simple ...
Algebra - I invested $42,000 in three funds paying 5%, 7%, and 9% simple ...
algebra - Larry Mitchel invested part of his $32,000 advance at 7% annual simple...
Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...
Finance - Ashok is to receive an amount of Rs. 15,00,000 from his relative after...

Search
Members