Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
You Can Order For A Similar Custom Written Paper 24/7!
For all college assessment assignments, fill the order form with the requested details and get your essays done promptly.
Posted: March 3rd, 2020
Online assignment help tutors – Discussion 4 Pt 2 essay
I inherited $98,500.
b.) What is your interest rate. Choose a rate between 0.5% and 3%.
My inheritance has a 2% interest rate.
c.) Using YEARLY compounding, calculate the accrued value after 5 years, 10 years and 15 years. Show all your work. You can show work as inserted image.
Five years: $108,751.96
Ten years: $120,070.95
Fifteen years: $132,568.03
I need help writing my essay – research paper use the above classmate to complete problem:
Keeping the same principle and rate your classmate used in their initial post, you will now calculate the accrued value for a different compounding periods.
Would you predict quarterly compounding or monthly compounding to earn more interest? Explain why.
Calculate the accrued, using quarterly compounding value for 5 years, 10 years, and 15 years. Show all work.
Calculate the accrued value, using monthly compounding for 5 years, 10 years, and 15 years. Show all work.
Was your prediction in part 1 correct?
Without doing the calculation, would daily compounding accrue more interest than quarterly and monthly compounding? Explain why.
Why choose us
You Want Quality and That’s What We Deliver
Discounted Prices
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
AI & Plagiarism-Free
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
How it works
When you decide to place an order with Nurscola, here is what happens: