IT KING

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About IT KING

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Computer Science,Engineering See all
Computer Science,Engineering,Environmental science,Essay writing,Information Systems,Programming Hide all
Teaching Since: Apr 2017
Last Sign in: 361 Weeks Ago, 4 Days Ago
Questions Answered: 402
Tutorials Posted: 401

Education

  • MSC,MBA(IT)
    Standford
    Jun-1997 - Sep-2000

Experience

  • IT Manager
    Honeywell
    Aug-2001 - Present

Category > Applied Sciences Posted 30 Apr 2017 My Price 8.00

You have just made

You have just made an investment that will repay $976.12 at the end of each month; the first payment is one month from today and the last one is six years from today (thereby depleting the account).

 

(a) 1f the interest rate is 6.5% per year compounded monthly, what amount did you invest?

(b) If you can refuse all the payments and allow the money to earn at the same rate as stated, how much will you have at the end of six years?

 

Answers

IT KING
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Status NEW Posted 30 Apr 2017 10:04 AM My Price 8.00

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