Business, 12.02.2021 06:00 cutebab4786

Derek can deposit $263.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month. Bank A pays 15.00% and compounds interest monthly. Derek can deposit $2,561.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year. Bank B compounded interest annually. What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:30, yasminothman02

Which type of data does your company collect from customers or potential customers? a. positioning datab. market share datac. primary datad. secondary data select the best answer from the choices provided

Answers: 1

continue

Business, 21.06.2019 19:20, williampagan9532

Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate

Answers: 2

continue

Business, 22.06.2019 14:30, Hannahdavy5434

Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be

Answers: 3

continue

Business, 22.06.2019 16:00, heavenwagner

In microeconomics, the point at which supply and demand meet is called the blank price

Answers: 3

continue

You know the right answer?

Derek can deposit $263.00 per month for the next 10 years into an account at Bank A. The first depos...