Solved: An account has been dormant for many years earning interest, Mathematics

+44 141 628 6080
[email protected]

An account has been dormant for many years earning interest

Question: (a) An account has been dormant for many years earning interest at the constant rate of 4% per year. Now the amount is $100 000. How much was in the account 10 years ago?

(b) At the end of each year for 4 years you deposit $10 000 into an account earning interest at a rate of 6% per year. How much is in the account at the end of the fourth year?

Solution Preview :

Prepared by a verified Expert

Mathematics: An account has been dormant for many years earning interest

Reference No:- TGS02362623

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

General rule the of a virgin is tight and the rugosities are

As a general rule the of a virgin is tight and the rugosities are sharp and prominent. Insertion of a finger or instrument may show certain degree or resistance

What would be a measurable goal for fluid volume deficit

What would be a measurable goal for Fluid Volume Deficit r/t insufficient fluid intake AEB dry mucus membranes and what would be four nursing intervention

Appearance of the face is indicative of approaching death

The nose is pinched, the temple hollow, eyes sunken, ears cold, lips relaxed and skin livid. The appearance of the face is indicative of approaching death

Problem regarding attention-deficit/hyperactivity disorder

A child will begin taking methylphenidate [Ritalin] for attention-deficit/hyperactivity disorder. Which of the following parameters is likely

What nurse recommend to ensure clients nutritional status

A client reports experiencing 4 to 6 episodes of diarrhea each day. What should the nurse recommend to ensure for this client's nutritional status?

History from an older adult patient in an outpatient clinic.

A nurse is obtaining a health history from an older adult patient in an outpatient clinic. The patient reports chronic difficulty falling asleep

Problem about diagnosis of irritable bowel syndrome

A client is slowly adjusting to their diet changes in response to a recent diagnosis of irritable bowel syndrome (IBS);

Solution Preview :

Prepared by a verified Expert

Mathematics: An account has been dormant for many years earning interest

Reference No:- TGS02362623

Have a Question? (oR Write a Review)

Recent Questions Asked Mathematics

Q : A is the exculpatory clause in the contract valid or

Q : Describe the methods you would use to identify the related

Q : The worlds total consumption of natural gas was 1824

Q : Give a specific diagnosis and then state the general class

Q : An account has been dormant for many years earning interest

Q : Discussing criticisms of neuroscience compare these

Q : Lane company manufactures a single product that requires a

Q : Discuss the impact of lifespan development on the

Q : Contrast the primary differences between independent