Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Economics Posted 18 Jun 2017 My Price 3.00

A bank offers a return of 7% interest compounded annually


1. A bank offers a return of 7% interest compounded annually. Find the future value of a principal of $4500 after 6 years. What is the overall percentage rise over this period?

Answers

(8)
Status NEW Posted 18 Jun 2017 09:06 AM My Price 3.00

-----------

Attachments

file 1497777312-Answer.docx preview (55 words )
1-----------. A----------- ba-----------nk -----------off-----------ers----------- a -----------ret-----------urn----------- of----------- 7%----------- in-----------ter-----------est----------- co-----------mpo-----------und-----------ed -----------ann-----------ual-----------ly.----------- Fi-----------nd -----------the----------- fu-----------tur-----------e v-----------alu-----------e o-----------f a----------- pr-----------inc-----------ipa-----------l o-----------f $-----------450-----------0 a-----------fte-----------r 6----------- ye-----------ars-----------. W-----------hat----------- is----------- th-----------e o-----------ver-----------all----------- pe-----------rce-----------nta-----------ge -----------ris-----------e o-----------ver----------- th-----------is -----------per-----------iod-----------? -----------Ans-----------wer----------- F-----------ind----------- th-----------e f-----------utu-----------re -----------val-----------ue -----------of -----------a p-----------rin-----------cip-----------al -----------of -----------$45-----------00 -----------aft-----------er -----------6 y-----------ear-----------s. -----------=45-----------00*-----------(1+-----------0.0-----------7)^-----------6=6-----------753-----------.29----------- is----------- an-----------swe-----------r W-----------hat----------- is----------- th-----------e o-----------ver-----------all----------- pe-----------rce-----------nta-----------ge -----------ris-----------e o-----------ver----------- th-----------is -----------per-----------iod-----------=(6-----------753-----------.29-----------/45-----------00)------------1=-----------50 ----------- -----------
Not Rated(0)