Investment 2

Jack invested $5000 in a 5-month term deposit at 4.7% p. A. . At the end of the 5-months, jack reinvested the maturity value from the first deposit into an 11-month term deposit at 7.3% p. A. What is the maturity value at the end of the second term deposit?

Result

c =  5436.644 USD

Solution:

Solution in text c =







Leave us a comment of example and its solution (i.e. if it is still somewhat unclear...):

Showing 0 comments:
1st comment
Be the first to comment!
avatar




Next similar examples:

  1. An investment
    exp_growth2 How long will it take for an investment to double at a simple interest rate of 5.10% p. A. ? Express the answer in years and months, rounded up to the next month.
  2. Tabitha
    factory_butter_7 Tabitha manufactures a product that sells very well. The capacity of her facility is 241,000 units per year. The fixed costs are $122,000 per year and the variable costs are $11 per unit. The product currently sells for $17. a. What total revenue is requ
  3. Car repair
    cars John bought a car for a certain sum of money. He spent 10% of the cost to repairs and sold the car for a profit of Rs. 11000. How much did he spend on repairs if he made a profit of 20%?
  4. Bonus
    moeny Gross wage was 527 EUR including 16% bonus. How many EUR were bonuses?
  5. Gasoline-oil ratio
    fuel-pump The manufacturer of a scooter engine recommends a gasoline-oil fuel mixture ratio of 15 to 1. In a particular garage, we can buy pure gasoline and a gasoline-oil mixture, which is 75% gasoline. How much gasoline and how much of the gasoline-oil mix do we
  6. Three members GP
    exp_growth The sum of three numbers in GP (geometric progression) is 21 and the sum of their squares is 189. Find the numbers.
  7. Eq2 2
    kardan3rd Solve following equation with quadratic members and rational function: (x2+1)/(x-4) + (x2-1)/(x+3) = 23
  8. Isosceles triangle 9
    iso_triangle Given an isosceles triangle ABC where AB= AC. The perimeter is 64cm and altitude is 24cm. Find the area of the isosceles triangle
  9. Intersect and conjuction
    venn_intersect Let U={1,2,3,4,5,6} A={1,3,5} B={2,4,6} C={3,6} Find the following. 1. )AUB 2. )A'UB'
  10. Trapezoid MO
    right_trapezium The rectangular trapezoid ABCD with right angle at point B, |AC| = 12, |CD| = 8, diagonals are perpendicular to each other. Calculate the perimeter and area of ​​the trapezoid.
  11. Pool
    pool If water flows into the pool by two inlets, fill the whole for 8 hours. The first inlet filled pool 6 hour longer than second. How long pool take to fill with two inlets separately?
  12. Logic
    blue-barrel A man can drink a barrel of water for 26 days, woman for 48 days. How many days will a barrel last between them?
  13. TV transmitter
    praded The volume of water in the rectangular swimming pool is 6998.4 hectoliters. The promotional leaflet states that if we wanted all the pool water to flow into a regular quadrangle with a base edge equal to the average depth of the pool, the prism would have.
  14. Beer
    piva After three 10° beers consumed in a short time there are 5.6 g of alcohol in 6 kg adult human blood. How much is it per mille?
  15. Cube in a sphere
    cube_in_sphere The cube is inscribed in a sphere with volume 9921 cm3. Determine the length of the edges of a cube.
  16. Axial section
    cone2 Axial section of the cone is an equilateral triangle with area 208 dm2. Calculate the volume of the cone.
  17. Circle chord
    circleChord What is the length d of the chord circle of diameter 36 m, if the distance from the center circle is 16 m?