1 how much should you invest at 25 simple interest in order, Ask an Expert

Finance

1. How much should you invest at 2.5% simple interest in order to earn $50 interest in 5 months?

2. What is the Sarbanes-Oxley Act? and what is it beneficial?

3. Graduation is 5 years away and you want to have $1050 available for a trip. If your bank is offering a 5-year CD (certificate of deposit) paying 3.1% simple interest, how much do you need to put in this CD to have the money for your trip?

4. How much should be invested now at 2.1% compounded semiannually to have $47,000 in 17 years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92784222

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