Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
Please help You find an old savings bond that originally cost $50. It has been compounding 3% interest annually for the last 75 years. How much is it worth? Make sure you round your answer to the nearest cent.$459
1 answer
to the nearest cent I got $458.95
You can
ask a new question
or
answer this question
.
Similar Questions
Please help You find an old savings bond that originally cost $50. It has been compounding 3% interest annually for the last 75
Top answer:
Amount = 50( 1 + 3/100)exp 75 it is $459.00
Read more.
a loan requires that the 4% interest be compounded monthly for 5 years. find the number of compounding periods.
48 60 10 20
Top answer:
#1) how many months in 5 years? #2) 11000(1+.035/365)^90 = 11095.34
Read more.
Find the total number of compounding periods and interest rate per period.
Terms investment: 6years, nomial rate: 18%, interest
Top answer:
18% compounded 12 times per year give 1.5% per month. So, 6 years = 72 months.
Read more.
You own a bond that has an 8 percent coupon and matures 8 years from now. You purchased this bond at par value when it was
Top answer:
To calculate the expected price of the bond, we need to compare the coupon rate (8%) with the market
Read more.
Does anyone know how to calculate cost of savings when calculating the net present value? The NPV was given and I have to backed
Top answer:
Compare the accounts receivable turnover ratios for Coca-Cola and Wal-Mart. What characteristic(s)
Read more.
You deposit $4000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
Use
Top answer:
200
Read more.
In a chart that illustrates compound interest, what element represents the exponential increase in savings over time?
(1 point)
Top answer:
the interest
Read more.
Find the total number of compounding periods and interest rate per period.
Princial: $700, time period :8yrs , nomial rate:
Top answer:
Not sure what "compounding amount" means. If you mean the final amount after adding the interest,
Read more.
If you deposit $10,000 in a savings account now, what interest rate compounded continuously would be required for you to
Top answer:
.000556
Read more.
Adrian has $12,000 invested in a savings account which pays 5%, a time deposit paying 7% and a bond that pays 10%. He has $1000
Top answer:
What is your equation ?
Read more.
Related Questions
in march, the savings of oliver, asia, hassan, and abby was $1440. in april, their savings became equaly when oliver's savings
Leah, a longtime stock market investor, is thinking about investing in a new bond. This bond has a date of maturity in 30 years.
Calculating Cost of Debt. Peyton's Colt Farm issued a 30-year, 7% semiannual bond 7 years ago. The bond currently sells for 94%
The ratio of Ahmads savings to Azmans savings is 1:3. The average savings of the two boys is $34. Find the savings of each boy.
The bond energy of An atom that is held together by a triple bond can be described as(2 points) True False a bond that requires
The chart shows the bond energy for four different types of carbon bonds. Using the chart, determine which bond is the
The bond energy of An atom that is held together by a triple bond can be described as
True False a bond that contains greater
Carter invested $400 in a savings bond that pays simple interest.
If the savings bond pays 4% interest per year, how much
Suppose a zero-coupon bond is selling for $614.00 today. It promises to pay $1,000 in exactly 10 years with annual compounding.
If you buy a $1395 savings bond that pays 4.3% annual simple interest. Determine the value of the bond after 7 years.