Erica Walden

Popular questions and responses by Erica Walden
  1. Contempoary Mthematics

    Question8: Using the Present Value Table on page 358 of your text to compute the present value (principal) for an investment with a compound amount of $20,000, a 30 moth term of investment, and a 14% nominal interest rate compound semiannually. Question 9.

    asked on October 3, 2013
  2. Business Math

    If you are the owner of a Jani- King cleaning service franchise. And your accountant has determined that your business will need $27,500 in new equipment in 3 years. If your bank is paying 6% interest compounded monthly how much must you invest today to

    asked on October 3, 2013
  3. Business Math

    How to determine the compound amount of an investment of $10,000 with an interest rate of 6%compounded monthly after 4 years requires you to use a table factor that beyond the compound Interest table. In how do you calculate the new table factor for this

    asked on October 2, 2013
  1. Business Math

    How to determine the compound amount of an investment of $10,000 with an interest rate of 6% compounded monthly after 4 years requires you to use a table factor that goes beyond the compound interest table Calculate the new table factor for this

    posted on October 3, 2013