Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

A person buys a five year $1,000 certificate of deposits that carries a nominal rate of 9 percent, compounded seminannually. Six months after this purchase, a 4 1/2 year CD at the same bank offers a 9.5 percent annual rate, also compounded semiannually. How much difference is there in total interest paid by the two competing investments?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M941807

Have any Question? 


Related Questions in Basic Finance

1 suppose you withdraw 1000 from your checking account and

1. Suppose you withdraw $1,000 from your checking account and use the funds to buy a certificate of deposit at your bank. How will these actions affect M1 and M2? Why aren't credit cards included in M1 or M2? 2. In a rep ...

Consider a study in which the heights of a sample of 1000

"Consider a study in which the heights of a sample of 1000 ball players were recorded. The mean height is 70" and the standard deviation of the height is 3". The height distribution is approximately normal. a) Approximat ...

1 iilustrate the relationship between the size and shape of

1. IIlustrate the relationship between the size and shape of a distribution warehouse and the materials handling system. Why do some warehouses have square design while others are rectangular? 2. Explain the following st ...

Question 1 - bondsyou have just purchased 5 million par

Q UESTION 1 - B ONDS You have just purchased $5 million par amount of the 5yr and 30yr US Treasury bonds shown below, at the prices shown. (Assume all bonds are semi-annual compounding.)   Par Amt            Coupon       ...

1 what are some of the physical considerations that a

1. What are some of the physical considerations that a developer should be concerned with when purchasing land? How should such considerations be taken into account when determining the price that should be paid? 2. What ...

1 what is the main advantage of the typical optimization

1. What is the main advantage of the typical optimization technique in comparison to simulation? 2. At what point in the typical analysis does the technique give way to the managerial review and evaluation process? 3. Co ...

Use the normal distribution of fish lengths for which the

Use the normal distribution of fish lengths for which the mean is 11 inches and the standard deviation is 4 inches. Assume the variable x is normally distributed. A. What % of the fish are longer then 12 inches B. If 400 ...

In the banks perspective should we lend money to amazon or

In the banks perspective, should we lend money to Amazon or not. Look at and analyze Amazon's 10-K form. By looking at Amazon's financial statements, focus on liquidity ratios, profitability, and long term debt. Why shou ...

1 how does lowest tco differ from lowest purchase price2

1. How does lowest TCO differ from lowest purchase price? 2. What is the underlying rationale that explains why firms should segment their purchase requirements? 3. Explain how constraints in manufacturing are interrelat ...

Budgetary process1 why is an audit considered to be the

Budgetary process 1. Why is an audit considered to be the final phase of a budgetary process? 2. What organizations undertake governmental program evaluations, and why do they do it? 3. Are program evaluations more likel ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro