subject
Mathematics, 27.05.2020 04:59 MarianaF

Charles has created the following investment portfolio: • At the end of each year, for the past 5 years, he has purchased a 5-year $2000 CSB, with an average annual interest rate of 3.3%, compounded annually. • He has a $10 000 GIC, with a 5-year term, that he purchased 5 years ago and that earned 6.0% interest, compounded monthly. a) What is the current value of Charles’ portfolio? b) What is Charles’ rate of return? Round your answer to the nearest tenth

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
What scale factor was applied to the first rectangle to get the resulting image interior answer as a decimal in the box
Answers: 3
question
Mathematics, 21.06.2019 17:20
Two language majors, anna and megan, took exams in two languages. anna scored 85 on both exams. megan scored 74 on the first exam and 85 on the second exam. overall, student scores on the first exam had a mean of 82 and a standard deviation of 4, and the second exam scores had a mean of 71 and a standard deviation of 13. a) to qualify for language honors, a major must maintain at least an 85 average across all language courses taken. so far, which of anna and megan qualify? b) which student's overall performance was better?
Answers: 2
question
Mathematics, 21.06.2019 18:30
Which statement justifies why angle ebc measures 90?
Answers: 3
question
Mathematics, 21.06.2019 20:30
What is always true when two whole numbers are subtracted?
Answers: 1
You know the right answer?
Charles has created the following investment portfolio: • At the end of each year, for the past 5 ye...
Questions
question
Mathematics, 04.03.2021 21:00
question
Mathematics, 04.03.2021 21:00
question
English, 04.03.2021 21:00
question
History, 04.03.2021 21:00
Questions on the website: 13722360