Katherine invests $7,770 in a six-month money market account giving 5. 8% simple annual interest and $12,500 in a three-year CD giving 7. 25% simple annual interest. Assuming that Katherine does not reinvest or renew these investments, how much money will she have when both investments reach maturity, to the nearest dollar? a. $2,944 b. $15,219 c. $23,214 d. $30,886.
Answers: 3
Business, 22.06.2019 09:00, tiffanibell71
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
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Business, 22.06.2019 09:40, shybug886
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
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Business, 22.06.2019 13:10, Mikey3414
Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .
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Business, 22.06.2019 15:10, emilee30
You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
Answers: 1
Katherine invests $7,770 in a six-month money market account giving 5. 8% simple annual interest and...
Mathematics, 22.03.2021 21:10
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