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Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary ...

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 Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary ... Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary products.  a. 5.95  0.025 b. 45.83  21.6 c. 470.028  0.0906Q. 2Joseph Patrik will deposit enough money today so that his account will contain 30,00 . in 15 years. The account will pay interest at 12 compounded semiannually. Compute the interest (in dollars) that Patrik will earn during the 15 years. (Use Tables 16-1A&B or 16-2A&B or a calculator.)Q. 3Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary products.  a. 31.402  6.55 b. 15.375  600 c. 16.54  3.93Q. 4Harold Lau will deposit enough money today so that his account will contain 20,00 . in 10 years. The account will pay interest at 8 compounded semiannually. Compute the interest (in dollars) that Harold will earn during the 10 years. (Use Tables 16-1A&B or 16-2A&B or a calculator.)Q. 5Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary products.  a. 46.82  14.1 b. 0.625  0.25 c. 427.79  8.7Q. 6Compute the present value in each of the following problems. Use Tables 16-1A&B or 16-2A&B or a calculator.  a. How much must you invest today at 12 compounded monthly to have 10,00 . in 2 years?    b. Compute the amount that you must deposit today into an account that pays 5 compounded quarterly to have 15,00 . in 5 years. Read 60 times 2 Replies
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