Business, 19.09.2020 01:01 only1123

Select one savings option from the Simple Interest column and one from the Compound Interest column to compare: Simple Interest Compound Interest Option A—earns 2.5% simple interest per year Option D—earns 2% compound interest per year Option B—earns 3% simple interest per year Option E—earns 2.5% compound interest per year Option C—earns 3.5% simple interest per year Option F—earns 3% compound interest per year Part Two—Crunch the Numbers Calculate the after-tax real rate of return earned on $5,000 by your selected savings options over a period of three years. This will help your comparison. Remember, the real rate of return includes taxes on the interest earned and inflation. For this assignment, use a tax rate of 10% and an average inflation rate of 3%. You will submit your calculations as part of your assignment.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 11:40

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million

Answers: 1

Answer

Business, 22.06.2019 19:40

Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership

Answers: 3

Answer

Business, 22.06.2019 20:20

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?

Answers: 3

Answer

Business, 22.06.2019 20:30

What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.

Answers: 1

Answer

You know the right answer?

Select one savings option from the Simple Interest column and one from the Compound Interest column...

Questions