subject
Business, 16.04.2020 23:15 emily9656

Question Completion Status:
QUESTION 12
Your parents have established a college savings fund for you by depositing $61,500. If you can withdraw $15,000 annually at the end of each year for 5
years, what approximate rate of interest is being earned on the fund?
O
A. 7%
O B.22%
O C.2.4%
O D.4.1%

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 03:40, lexybellx3
Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production
Answers: 3
image
Business, 22.06.2019 16:30, allytrujillo20oy0dib
Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.
Answers: 3
image
Business, 22.06.2019 18:30, maskoffvon
What is the relationship between credit and debt?
Answers: 1
image
Business, 22.06.2019 19:50, hallkanay7398
Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?
Answers: 3
You know the right answer?
Question Completion Status:
QUESTION 12
Your parents have established a college savings fu...

Questions in other subjects:

Konu
Biology, 01.12.2020 08:00
Konu
Mathematics, 01.12.2020 08:00