subject
Business, 16.10.2019 05:30 TheCampingStone

You have been accepted into college. the college guarantees that your tuition will not increase for the four years you attend college. the first $ 10 comma 900 tuition payment is due in six months. after that, the same payment is due every six months until you have made a total of eight payments. the college offers a bank account that allows you to withdraw money every six months and has a fixed apr of 4.3 % (with semiannual compounding) guaranteed to remain the same over the next four years. how much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made? (note: be careful not to round any intermediate steps less than six decimal places.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws
Answers: 1
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
question
Business, 22.06.2019 22:00
Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.
Answers: 1
question
Business, 22.06.2019 22:20
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
You know the right answer?
You have been accepted into college. the college guarantees that your tuition will not increase for...
Questions
question
Chemistry, 04.01.2021 06:20
question
Social Studies, 04.01.2021 06:20
question
Mathematics, 04.01.2021 06:20
question
Biology, 04.01.2021 06:20
question
Mathematics, 04.01.2021 06:20