Business, 13.04.2021 01:40 krisandlance
Assume you have $60,000 to deposit in a bank for 5 years. Bank A compounds interest annually, Bank B compounds interest quarterly, Bank C compounds interest daily. All three banks have a stated annual interest rate of 3% (1) What amount would you have after three years, in each bank? (2) What APY (annual percentage yield) or EAR (effective annual interest rate) would you earn in each bank? (3) Based on your answers in (1) and (2), which bank should you deal with? Why?
Answers: 3
Business, 23.06.2019 01:00
Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?
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Business, 23.06.2019 02:20
Which one of the following is not a typical current liability? a. interest payable b. current maturities of long-term debt c. salaries payable d. mortgages payable
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Business, 23.06.2019 06:00
For each example, identify the most appropriate ctso.marilyn is a middle-school student who wants to prepare for a career in farming: pasnational ffanyfeafeajanice is a high-school student who wants to start her own business: skillsusatsapasdecaabe is a high-school student who wants to become an information technology worker: hosafcclabpanyfearene wants to teach middle-school classes: feafccladecahosa
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Business, 23.06.2019 09:00
You tour a company and notice that employees all seem to have a common goal and understanding of procedures. what would be the contributing factor for this?
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Assume you have $60,000 to deposit in a bank for 5 years. Bank A compounds interest annually, Bank B...
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