Mathematics, 06.05.2020 01:11 alott1121
Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an
additional $20,000 to that account. You earned 8%, compounded semi-annually, for the first ten years,
and 6.5%, compounded annually, for the last five years.
Required:
a) What is the effective annual interest rate (EAR) you would get for your investment in the first 10
years? (2 marks)
b) How much money do you have in your account today? (4 marks)
c) If you wish to have $85,000 now, how much should you have invested 15 years ago? (4 marks)
Answers: 2
Mathematics, 21.06.2019 15:30
Asquare is dilated by a scale factor of 1.25 to create a new square. how does the area of the new square compare with the area of the original square? a)the area of the new square is 1.25 times the area of the original square. b)the area of the new square is 2.50 times the area of the original square. c)the area of the new square is 1.252 times the area of the original square. d)the area of the new square is 1.253 times the area of the original square.
Answers: 1
Mathematics, 21.06.2019 19:00
Me with geometry ! in this figure, bc is a perpendicular bisects of kj. dm is the angle bisects of bdj. what is the measure of bdm? •60° •90° •30° •45°
Answers: 2
Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an
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