If you deposit $4,000 in a bank account that pays 6% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your answer to the nearest cent.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If you deposit $4,000 in a bank account that pays 6% interest annually, how much will be in your account after 5 years? Do not round ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Student loans, car loans, and housing loans are good examples of long-term liabilities. personal obligations. current liabilities. short-term debts.
Answers (1)
For the "determine data needs" activity of a project, the optimistic estimated duration is 10 days, the pessimistic estimated duration is 20 days, the most likely time is 15 days. What is the expected duration of completing this activity?
Answers (1)
The demand for corn has increased in May without any change in supply. Eight months later there still has been no change in corn prices. This is an example of a a. price floor. b. sticky price. c. macroeconomic price. d. price control.
Answers (2)
Suppose that, to cover some of your college expenses, you are obtaining a personal loan from you uncle in the amount of $25,000 (now) to be repaid in two years.
Answers (1)
The trailers have a retail price of $102 each. Each trailer incurs $40 of variable manufacturing costs. The trailer division has capacity for 25,000 trailers per year and incurs fixed costs of $510,000 per year. Required: 1.
Answers (1)
New Questions in Business
A material weakness is a situation in which Multiple Choice A) There is a remote likelihood that a material misstatement would be detected on a timely basis.
Answers (1)
In latvia, only one six-lane highway exists, connecting riga, its capital, with moscow. otherwise, the roads are two lanes and many are made of cobblestones or bricks.
Answers (1)
When the government injects money into the economy, consumers may have more disposable income, which may lead to higher unemployment. higher production lower production. increases in taxes.
Answers (2)
Stock prices are determined in the financial markets. Management's primary goal is to maximize the firm's stock price, so financial managers need to understand how these markets operate in order to make good decisions.?
Answers (1)
The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements about the WTO that are true. It is possible that more than one statement is true. 1.
Answers (1)