queenjade4594 queenjade4594

09-04-2018
Business

contestada

The future value of $100 received today and deposited in an account for four years paying semiannual interest of 6 percent is ________.

Respuesta :

togbadoya togbadoya

13-04-2018

Formula: FV = PV(1+ r)^n

Fv is the future value, Pv is the present value, r is the interest rate, n is the number of periods.

FV = $100(1 + 0.06)^(6*2) = $201.22

Answer Link

Otras preguntas

27 A wire has a resistance of 8.02. A second wire of the same material has twice the length and twice the cross-sectional area. What is the resistance of the se

Explain how new managed care contracts impact reimbursement for the healthcare organization. Support your explanation with concrete evidence or research.

SOU Process Questions: Imagine you overheard the conversation between the two characters in the above comic strip. 1. Which statements are more convincing? Clar

A gaseous hydrocarbon weighs 0.70 g and contains 0.60 g of carbon. The molecular formula of the compound if its molecular weight is 70 is: (C = 12, H = 1)A. C₅H

Which statement best states a theme of the story? A Friends should support each other in difficult situations. B Following the rules can sometimes get you in t

What is the significance of the classic study by Raisman and Field?

The CEO shifted Sure Start's growth focus through product development and sales of its rechargeable batteries to electric car manufacturers. Which strategic opp

Mrs, tigers daughter is Y years old Mrs. Sawyer’s age in years can be represented by the expression 6Y -4 which expression also represents Mrs Seger’s age in ye

If the velocity of an aircraft is doubled, the kinetic energy of the aircraft is also doubled.A. TrueB. False

Emilio is walking on a 11.875-mile trail. There are park benches every 2.5 miles along the trail. How many park benches are along the trail? a. 4 b. 5 C. 6 D. 7

good job