Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
solina solina
wrote...
Go to Answer
Posts: 1273
Rep: 9 0
6 years ago
Alva Thomas has decided to place $10,000 in an account payable to his alma matter when he dies.  If the account grows at an annual rate of 6% compounded monthly and he lives for another 10 years, the university will receive
A) 10,000(1 + .06)10
B) 10,000(1 + .005)120
C) 10,000(1 + .06)120
D) 10,000/(1 + .005)120
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
Read 1132 times
2 Replies
Heavy Heart Thank you bio-forums! Heavy Heart
Replies
Answer verified by a subject expert
vanrheevanrhee
wrote...
#1
Top Poster
Posts: 718
Rep: 39 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

solina Author
wrote...
#2
6 years ago
Thank you
-solina
Heavy Heart Thank you bio-forums! Heavy Heart
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1270 People Browsing
 113 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 955
  
 189
  
 366
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: What's your favorite math subject?