subject
Business, 12.10.2021 08:40 sulemmaa

You are considering two savings options. Both options offer a rate of return of 8.3 percent. The first option is to save $1,500, $1,250, and $6,400 at the end of each year for the next three years, respectively. The other option is to save one lump sum amount today. You want to have the same balance in your savings account at the end of the three years, regardless of the savings method you select. If you select the lump sum method, how much do you need to save today

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:00
When consumers discard their gasoline-powered automobiles for electric-powered ones, this partially reflects the of gasoline?
Answers: 1
question
Business, 22.06.2019 03:00
In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.
Answers: 2
question
Business, 22.06.2019 18:00
1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%
Answers: 1
question
Business, 22.06.2019 22:40
Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.
Answers: 3
You know the right answer?
You are considering two savings options. Both options offer a rate of return of 8.3 percent. The fir...
Questions
question
Biology, 15.10.2020 20:01
question
French, 15.10.2020 20:01