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What is the rate compounded
You are going to invest $5000 for 5 years. Choose the 3 scenarios which will yield the highest values.
Responses A interest rate
1 answer
asked by
poopy man
176 views
Find the accumulated value of an investment of $10,000 for 3 years at an interest rate of 6% if the money is a)compounded
1 answer
asked by
Betty
875 views
you are depositing $1000 dollars in a savings account and are given the following options.
6.2% annual interest rate, compounded
0 answers
asked by
carly
902 views
What are the compound amount and interest at the end of three years if bire 10,000 borrowed at annually interest rate of 8% A
1 answer
asked by
Emebet
258 views
Suppose the borrowing rate r_B = 10\%r
B =10% compounded annually. However, the lending rate (or equivalently, the interest
1 answer
asked by
aaa-17
2,289 views
For an investment to double in value during a 12-year period,
a. What annually compounded rate of return must it earn? (Round
1 answer
asked by
bajwa
487 views
find the accumulated value of an investment of $10000 for 5 years at an interest rate of 5.5% if the money is a. compounded
1 answer
asked by
newlemon
2,994 views
If a community clinic invested $3,000 in excess cash today, what would be the value of its investment at the end of three years:
4 answers
asked by
April
573 views
Find the effective rate corresponding to the given nominal rate. (Round your answer to the nearest hundredth of a percentage
2 answers
asked by
Ashton
2,407 views
Find the effective rate corresponding to the given nominal rate. (Round your answer to the nearest hundredth of a percentage
1 answer
asked by
Amanda
549 views