Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Assume that one year from now, you will deposit $1,000 into a savings account that pays 8 percent.

a. if the bank compounds interest annually, how much will you have in your account four years from now?

b. What would your balance four years from now be if the bank used quarterly compounding rather than annual compounding?

c. Suppose you deposited the $1,000 in 4 payments of $250 each at Year 1, Year 4, Year 3 and Year 4. How much would you have in your account at Year 4, based on 8 percent annual compounding?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M942939

Have any Question? 


Related Questions in Basic Finance

1 why is the income approach to value often difficult to

1. Why is the income approach to value often difficult to use on a single-family residential appraisal? 2. What are the differences between the cost and sales comparison approaches to appraising property? 3. What are the ...

1 demonstrate your understanding of the relationship

1. Demonstrate your understanding of the relationship between logistical capabilities and competencies by tracing the evolution of logistical work to universal competencies. Does this logic have any practical application ...

1 what are placebo effects and how can they be avoided2

1. What are placebo effects, and how can they be avoided? 2. What are demand characteristics, and how can they be avoided? 3. In what ways may experimenters unwittingly communicate their expectations to research particip ...

The text discusses the trade-off between internal and

The text discusses the trade-off between internal and external validity, known as the experimenters dilemma. Speculate on things a researcher can do to increase internal and external validity simultaneously, thereby desi ...

Find relevant sources to support a business decisionchoose

Find relevant sources to support a business decision. Choose one of the following small business situations: • You own a clothing store and want to know whether to offer hats. • You own an ice cream store and want to kno ...

In a mass-transfer spray column a liquid is sprayed into a

In a mass-transfer spray column, a liquid is sprayed into a gas stream, and mass is transferred between the liquid and gas phases. The mass of the drops that are formed from a spray nozzle is considered a function of the ...

Design a one-way experiment to test each of the given

Design a one-way experiment to test each of the given research hypotheses: a. The more a person tries not to think of something, the more he or she will actually end up thinking about it. b. People are more helpful when ...

You have a stock and the measure of systematic risk for

You have a stock and the measure of systematic risk for this stock is 1.9. Assuming that risk free rate is 4% and market expected return is 9% what is the expected rate of return on your stock?

What is the accounting identity list at least three of the

What is the accounting identity? List at least three of the assumptions underlying financial statements? Identify at least three current asset accounts ? What is the operating cycle ? Identify three current liability acc ...

What precautions must one take when using ratio analysis to

What precautions must one take when using ratio analysis to make financial decisions? Which ratios would be most useful for a financial manager's internal financial analysis? For an analyst trying to decide which stocks ...

  • 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