Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. andrei deposits 25 400 into a pension fund that in

Andrei deposits 25 400 into a pension fund that invests in stocks After a successful...

70.2K

Verified Solution

Question

Algebra

image

Andrei deposits 25 400 into a pension fund that invests in stocks After a successful year of investing in the stock market the fund agrees to pay a simple interest rate of 12 What will the balance be after one year Round your answer to the nearest dollar Do NOT round until you have calculated your final answer Provide your answer below

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

What is tan 25 to the nearest hundredth O 0 91 O 0 47 O...

Statistics
1.2K views

www awu aleks com alekscgi x Practice Test Statis Question 20 of 24 1 12...

Accounting
1.2K views

4. MusicWorld.net specializes in sound equipment. Because each inventory item is expensive, MusicWorld...

Accounting
1.2K views

On January 1,2022, Halstead, Inc., purchased 75,000 shares of Sedgwick Company common stock...

Accounting
1.2K views

A-One Mechanics Limited files GST returns monthly, and the GST rate is 5%. The figures...

Accounting
1.2K views

Which number is potentially the largest? A. The number of shares issued. B. The number...

Accounting
1.2K views

Question 32 1.5 pts The LIFO conformity rule allows a company to use FIFO for...

Accounting
1.2K views

Cul de los siguientes eventos es ms probable que aumente la tasa de rotacin de...

Accounting
1.2K views

The Barrister fixed costs are as follows Miug Company manufactures plastic mugs that ell to...

Accounting
1.2K views

Simmons Company is a merchandiser with multiple store locations. One of its store managers is...

Accounting
1.2K views

The following information relates to the Ivanhoe Company. Use the dollar-value LIFO method to compute...

Finance
1.2K views

3:5two misisng boxes help (Working with...