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book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

النسخة 12الرقم المعياري الدولي: 978-0132605540
book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

النسخة 12الرقم المعياري الدولي: 978-0132605540
تمرين 258
Use M = P (1 + RT ) where M = maturity value, P = principal or loan amount, R = annual interest rate written as a decimal, and T = time in years.
MATURITY VALUE Mary Scott invests $1000 in a bond fund that she hopes will yield 8, per year (or.08) for 5 years. What maturity value ( M ) will she have in her account at the end of 5 years?
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Given, $1000 is invested in a bond yield...

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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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