AccountingQueen

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Teaching Since: Jul 2017
Last Sign in: 362 Weeks Ago, 1 Day Ago
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  • MBA.Graduate Psychology,PHD in HRM
    Strayer,Phoniex,
    Feb-1999 - Mar-2006

  • MBA.Graduate Psychology,PHD in HRM
    Strayer,Phoniex,University of California
    Feb-1999 - Mar-2006

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  • PR Manager
    LSGH LLC
    Apr-2003 - Apr-2007

Category > Math Posted 05 Sep 2017 My Price 5.00

simple interest

3) On november 15, 2010 you could buy a 10-year U.S Treasury note ("T-note," a kind of bond) for 10,000 that pays 2.65% simple interest every year through November 15, 2020. How much total interest would it earn by then?

 

11) You deposit $1,000 at 2% per year in a money market account. What is the balance at the end of one year, and what is the annual yield if the interest paid 

a) simple interest

b) compounded annually

c) compounded quarterly

d) compounded daily

 

12) Repeat exercise 11 but for 1,000 at 1.2% per year in a savings account

Answers

AccountingQueen
(3)
Status NEW Posted 05 Sep 2017 03:09 PM My Price 5.00

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