Hope Dearborn invests $ on January in a savings account that earns interest of compounded semiannually. What will be the amount in the fund on December
Round your answer to two decimal places.
$ fill in the blank
Ben Johnson receives a bonus of $ each year on December Beginning on December he deposits his bonus every year in a savings account that earns interest of compounded annually. What will be the amount in the fund on December after he deposits his bonus received on that date?
Round your answer to two decimal places.
$ fill in the blank
Ron Sewert owes $ on a noninterestbearing note due January He offers to pay the amount on January provided that it is discounted at on a compound annual discount basis. What would he have to pay on January under this assumption?
Round your answer to two decimal places.
$ fill in the blank
