subject
Business, 20.08.2021 04:40 starfox5454

Chris wants to accumulate $105,000 in 5 years. He plans on making equal semiannual deposits into an investment account that earns 8% semiannually in order to reach his goal. How much must Chris invest every six months

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 21:00
Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?
Answers: 1
question
Business, 23.06.2019 01:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
question
Business, 23.06.2019 01:50
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
You know the right answer?
Chris wants to accumulate $105,000 in 5 years. He plans on making equal semiannual deposits into an...
Questions
question
Mathematics, 24.02.2021 16:40
question
English, 24.02.2021 16:40
question
Mathematics, 24.02.2021 16:40
question
Mathematics, 24.02.2021 16:40
question
Mathematics, 24.02.2021 16:40
Questions on the website: 13722361