subject
Business, 15.07.2020 01:01 yayaeli

You deposit $225 into an account which pays 6.5% per year for the first two years. However, the rate of interest drops to 3.5% thereafter. What is the value of your investment five years from today (assume annual compounding)?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 02:50, vcornejo7
Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks
Answers: 2
image
Business, 22.06.2019 14:40, ZoomZoom44
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
image
Business, 22.06.2019 16:30, cadenbukvich9923
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
image
Business, 22.06.2019 23:10, katrinanuez
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
You know the right answer?
You deposit $225 into an account which pays 6.5% per year for the first two years. However, the rate...

Questions in other subjects:

Konu
Mathematics, 03.09.2021 03:50