Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. old mathjax webview what will be the accumulated

Old MathJax webview What will be the accumulated amount in a securities account that...

70.2K

Verified Solution

Question

Finance

Old MathJax webview

What will be the accumulated amount in a securities account that pays 1.2% monthly interest if the following movements were made during the year and you want to know its balance as of December 31?

image

first row of the table says: date, amount and type of movement (in that order from left to right), the third column from the second row says: opening, deposit, withdrawal, withdrawal, deposit (in that order from top to bottom). under)

Fecha 15-02 15-05 Importe 15000 3000 1 500 Tipo de movimiento Apertura Depsito Retiro Retiro Depsito 15-07 15-09 2000 115-12 2500

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

Physics
1.2K views

In a perfectly inelastic collision, while doing bullet/ pendulum experiment through simulation, there were some sources of...

Physics
1.2K views

A particle moves under constant external force F = F0 ˆi. It is also subjected to...

General Management
1.2K views

Provide an example that best illustrates either an in common or conflicting view of compensation in...

Basic Math
1.2K views

Consider the proposition over Z2 given by g x y x y x y That...

Basic Math
1.2K views

List two examples of commodity mone Edit View Insert Format Tool

Calculus
1.2K views

Express as a complex number in simplest a+bi form:3 + 5i/-4-i

Accounting
1.2K views

3366 Homework 2 The trial balance of My Motor, Inc. on March 1, 20XX, lists...

Accounting
1.2K views

Explain in detail what are the current challenges faced by IASB (International accounting standards board)?

Accounting
1.2K views

ONLY NEED the empty boxes answered, not the ones already fill-in. Added the previous question...

Accounting
1.2K views

Question 9 4 pts The headings for the columns of the Cost Schedule section of...

Accounting
1.2K views

An oil and gas company is trying to determine whether or not it should replace...

Finance
1.2K views

The US has a _________________ because foreigners buy more US assets than we buy of...