Shane wants to invest money in a 6% cd
Webb13 juli 2024 · Explanation: Giving the following information: Interest rate= 6% compounded semiannually= 0.03 Future value= $50,000 Number of periods= 5*2= 10 To calculate the initial investment to reach the objective, we need to use the following formula: PV= FV/ (1+i)^n PV= 50,000/ (1.03^10) PV= $37,204.70 Advertisement New questions in Business WebbShane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much …
Shane wants to invest money in a 6% cd
Did you know?
Webb4K views, 218 likes, 17 loves, 32 comments, 7 shares, Facebook Watch Videos from TV3 Ghana: #News360 - 05 April 2024 ... WebbShane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much …
WebbShane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal? Multiple Choice Q06 Tags Add Choose question tag Discard Apply Most, but not all, liabilities are monetary liabilities. True False … WebbSOLVED:Shane wants to invest money in a CD account that compounds semiannually at 6% annual rate. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal? A) $78.941 B) $88,849 C) $25,336 D) $22.510 CW Charles W. Microeconomics 1 month ago
WebbCarol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $120,000 3-years from now. How much must Carol deposit to...
WebbShane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal? A) $88,849. B) $78,941. C) $25,336. D) $22,510. Correct Answer: Access For Free Review Later Choose question tag
Webb2.9K views, 104 likes, 14 loves, 50 comments, 25 shares, Facebook Watch Videos from 3FM 92.7: 3FM Sunrise Sports is live with Kelvin Owusu Ansah can daemons of chaos confederateWebbShane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal? a. $88,849. b. $78,941. c. $25,336. d. $22,510. c and a electronicsWebbShane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal? A. $88,849. B. $78,941. C. $25,336. D. $22,510. B. $ 78,941 . By extracting information :- Future value = $100000 N = 4 years … c and a deliveryWebb9 juli 2024 · Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $120,000 3-years from now. How much must Shane deposit to accomplish his goal 1 See answer Advertisement Advertisement madethisfortwitch1 madethisfortwitch1 can dads take paid parental leaveWebbPresent and future value tables of $1 at 3% are presented below: Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account … can daddy long legs stingWebbShane wants to invest money in B. $78,941. C. $ 37,205 . a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal?. Bill wants to give Maria a D. $330,560. B. $ 78,941 . $500,000 gift in seven years. fish nessWebbAccumulation Grow your retirement savings safely. Find the best annuities to grow your savings, CDs, 401 (k), and IRA well into retirement safely. Stock Market Performance Offers the opportunity to earn interest based on a stock market index’s performance without the risk exposure and lock in every gain earned. Learn More Guaranteed Fixed Rate c and a e shop