Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 02 Jan 2018 My Price 6.00

Future Value of an Investment

EM-1       Future Value of an Investment and Compound Interest Using the future value tables, solve the following:

Required

1.      What is the value on January 1, 2014 of $40,000 deposited on January 1, 2007 which accumulates interest at 12% com- pounded annually?

2.      What is the value on January 1, 2013 of $10,000 deposited on July 1, 2007 which accumulates interest at 16% com- pounded quarterly?

3.      What is the compound interest on an investment of $6,000 left on deposit for five years at 10% compounded annually?

Answers

Maurice Tutor
(5)
Status NEW Posted 02 Jan 2018 10:01 PM My Price 6.00

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