Business, 09.12.2021 04:40 bobiscool3698
a person makes annual payments of $1000 into an ordinary annuity. at the end of 5 years, the amount in the annuity is $5826.96. what is the annual nominal compounding interest rate
Answers: 3
Another question on Business
Business, 22.06.2019 18:00
Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?
Answers: 2
Business, 22.06.2019 20:00
The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:
Answers: 2
You know the right answer?
a person makes annual payments of $1000 into an ordinary annuity. at the end of 5 years, the amount...
Questions
Engineering, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Arts, 11.12.2020 02:40
Mathematics, 11.12.2020 02:40
Social Studies, 11.12.2020 02:40
Biology, 11.12.2020 02:40
Arts, 11.12.2020 02:40
