Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Facet Yahool women\'s swi.. shophearts Job Description Cloud Bing Yahoo Google W

ID: 2556878 • Letter: F

Question

Facet Yahool women's swi.. shophearts Job Description Cloud Bing Yahoo Google Wkipedia PN gold-soulla Connect Saved 6 Quiz Present and future value tables of $1 at 3% are presented below. 11.03000 0.97087 1.0000 0.97087 1.0300 1.00000 2 |1.06090|0.94260| 2.0300 | 1.31347 2.0909| 1.97087 3 1.09273 0-91514 3.0909 2.82861 3.1836 2.91347 41.12551 0.88849 4.1836 3.717104.3091 3.82861 1.15927 0.86261 5.3091 4-57971 5.4684 4.71710 61.19405 0.83748 6.4684 5.41719 6.6625 5.57971 71.22987 0.81309 7.6625 6.230287.8923 6.41719 4-33 8 1 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 0.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.384230.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576-70138 | 14.1920 | 9.95400 | 14.6178 10.25262 13 11.46853 10.68095 | 15.6178 |10.63496 16.0863 10.95400 14 1.51259 |0.66112 | 17.0863 |11.29607 | 17.5989 111.63496 5 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 | 20.1569 12.56110 20.7616 12.93794 1.26677 0.78941 Prev 1 of 5 Next> 29

Explanation / Answer

$68,549 Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Time in years                     8.00 Time in half years= 8 *2                  16.00 Interest rate annually 6.00% Interest rate semi annually 3.00% Balance at end of 8 years        110,000.00 Looking at N= 16 in FV $1 we get              1.60471 Amount shane should deposit = 110,000/1.60471          68,548.21