Erica Walden

Most popular questions and responses by Erica Walden
  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 beyond the compound Interest table. In how do you calculate the new table factor for this

    asked on October 2, 2013
  2. 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
  3. 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
  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