Dwayne plans to invest $4,700 in a savings account at the beginning of each of the next 12 years. If his opportunity cost rate is 7 percent compounded annually, how much will his investment be worth at the end of 12 years?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Dwayne plans to invest $4,700 in a savings account at the beginning of each of the next 12 years. If his opportunity cost rate is 7 percent ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is the American opportunity credit for 2018
Answers (1)
Beckeers bikes manufactures tricycles. the company expects to sell 400 units in may and 530 in June. beginning and ending finished goods for may is expected to be 120 and 85 units, respectively.
Answers (1)
The following is a condensed version of the comparative balance sheets for Riverbed Corporation for the last two years at December 31.
Answers (1)
A county or municipal authority usually grants a certificate of occupancy for new construction only after: A. all contractors have been paid for services. B. all work has been completed for at least thirty days. C.
Answers (1)
Which of the following fees would most likely be the highest? A Overdraft fee B Account transfer fee C monthly service fee D ATM fee
Answers (2)
New Questions in Business
Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments.
Answers (1)
Niles and Marsha adopted an infant boy (a U. S. citizen). They paid $17,500 in 2016 for adoption-related expenses. The adoption was finalized in early 2017. Marsha received $3,600 of employer-provided adoption benefits.
Answers (1)
Explain briefly why professional certification and membership in professional organizations are important.
Answers (1)
Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.
Answers (1)
A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings.
Answers (1)