5.
Find the interest earned. Assume 3.5% interest compounded daily.
$975 deposited April 23 and withdrawn June 18
$6.66
$5.25
$5.16
$6.75
6.
Find the present value.
Amount Needed: $12,300
Time (Years) : 4
Rate: 4%
Compounded: quarterly
$10,514.04
$11,820.05
$10,332.00
$10,489.69
7.
Find the present value.
Amount Needed: $42,000
Time (Years) : 8
Rate: 3%
Compounded: semiannually
$37,283.82
$36,960.00
$33,097.26
$33,155.22
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “5. Find the interest earned. Assume 3.5% interest compounded daily. $975 deposited April 23 and withdrawn June 18 $6.66 $5.25 $5.16 $6.75 ...” in 📗 Mathematics 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
Jen and Ariel are reading a 400 page novel for their literature class. Jen decides to read 100 pages the first day and 50 pages each day thereafter.
Answers (1)
What is the solution set of the equation (x - 2) (x-a) = 0?
Answers (2)
Complete the expression to make the value equal to 9
Answers (1)
The perimeter of a square is equal to the circumference of a circle with a radius of 10 cm. What is the area of the square? (Round to the nearest tenth.)
Answers (1)
Heather is thinking of a solid that has 5 faces. One of the faces is a polygon that has sides of equal length. The other 4 faces are polygons that have three sides. What is the name of Heathers solid?
Answers (1)
New Questions in Mathematics
What is 200 divided by 23,000
Answers (2)
Evan has $0.45 worth of pennies and nickels. He has a total of 21 pennies And Nickels All together. Determine the number of pennies in the number of nickels that Evan has.
Answers (1)
A car burns 40% of the oil in its engine. The car contains 6000 mL of oil. How much oil does the car burn?
Answers (2)
Compute the instantaneous rate of change of g (x) = x^2-1/4 at x=1
Answers (1)
Scott needs to fill a 3-gallon pitcher with water, but it won't fit under the faucet. He fills a 1-quart container with water from the faucet and then pours the water into the pitcher.
Answers (1)