Business

Nikolai Ritter

9 August, 04:57

You deposit $8,000 in an account that is compounded quarterly at an annual rate of r (in decimal form). a = 8,0001 + r460 what is the limit of a as the interest rate approaches 8%? (round your answer to two decimal places. if an answer does not exist, enter dne.)

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “You deposit $8,000 in an account that is compounded quarterly at an annual rate of r (in decimal form). a = 8,0001 + r460 what is the limit ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

The U. S. financial system is composed of (1) policy makers, (2) a monetary system, (3) financial institutions, and (4) financial markets.

Maria Enterprise makes a variety of consumer electronic products. Its camera manufacturing plant is considering choosing between two different processes, named Alpha and Beta, which can be used to make a component part.

Star Company has entered into a 3-year lease agreement with Bell Corp. (lessor) for the use of 10 new commercial copy machines. The present value (PV) of the sum of the lease payments is $72,000.

Why is a double entry accounting system so called?

What happens to supply when input costs go up?

New Questions in Business

Clip Joint company is ready to sell its bonds. Which of the following financial questions is most relevant to the issue of the bonds and that investors will most likely want answered before they purchased the bonds?

A company has budgeted sales for January and February of 20,000 and 25,000 units, respectively. The selling price is $5 per unit and the purchase price is $3 per unit. Budgeted ending inventory is 10% of the next month's sales.

When the economy is weakening the fed is likely to decrease short-term interest rates?

When bart heard an ad state that kraft's pasta anytime microwave meals could be prepared in three minutes, he thought that he would find the meals in his supermarket's frozen food aisle with other microwave meals.

ManyEEs Inc. is a private consulting company that did not effectively forecast its HR staffing needs or the consumer demand for its services. On January 1, 2018, ManyEEs Inc.