subject
Business, 08.07.2019 07:00 DisneyGirl11

Dwayne invests $4,700 in a savings account at the beginning of each of the next twelve years. if his opportunity cost rate is 7 percent compounded annually, how much will his investment be worth after the last annuity payment is made? use the equation method to calculate the worth of the investment. (round your answer to two decimal places.)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:40
Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?
Answers: 2
question
Business, 22.06.2019 11:50
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
question
Business, 22.06.2019 20:00
With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?
Answers: 3
question
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
Answers: 1
You know the right answer?
Dwayne invests $4,700 in a savings account at the beginning of each of the next twelve years. if his...
Questions
question
Chemistry, 16.04.2021 07:00
question
Mathematics, 16.04.2021 07:00
question
Mathematics, 16.04.2021 07:00
question
Mathematics, 16.04.2021 07:00
question
Mathematics, 16.04.2021 07:00
question
Biology, 16.04.2021 07:00
Questions on the website: 13722363