$MathMaster logo$

MathMaster

Home
general
timber inc invested profits of 140 000 00 in a gic at 4 99 compounded semi annually how long will it take for the investme

Question

Timber Inc. invested profits of $140,000.00 in a GIC at 4.99% compounded semi-annually. How long will it take for the investment to grow to a value of $176,930.82?

79

likes

395 views

Answer to a math question Timber Inc. invested profits of $140,000.00 in a GIC at 4.99% compounded semi-annually. How long will it take for the investment to grow to a value of $176,930.82?

$Expert avatar$

4.8

117 Answers

It will take approximately 4.75 years for the investment to grow to a value of $176,930.82. (Rounded to two decimal places)

Frequently asked questions (FAQs)

What is the integral of f(x) with respect to x, where f(x) is a continuous function defined on [a, b]?

+

Math question: What is the integral of the function f(x) = 3x^2 - 4x + 2?

+

What are the characteristics of the parabola function y = ax^2? How does the value of 'a' affect the shape, vertex, axis, and direction of opening of the parabola?

+

New questions in Mathematics

Determine all solutions to the inequality |2x + 6| − |x + 1| < 6. Write your final answer in interval notation

Suppose the horses in a large stable, have a mean weight of a 807 pounds and a variance of 5776. What is the probability that the mean weight of the sample of horses with differ from the population mean by greater than 18 pounds is 41 horses are sampled at random from the stable round your answer to four decimal places.

4. Show that if n is any integer, then n^2 3n 5 is an odd integer

Prove that it is not possible to arrange the integers 1 to 240 in a table with 15 rows and 16 columns in such a way that the sum of the numbers in each of the columns is the same.

find f(x) for f'(x)=3x+7

What’s the slope of a tangent line at x=1 for f(x)=x2. We can find the slopes of a sequence of secant lines that get closer and closer to the tangent line. What we are working towards is the process of finding a “limit” which is a foundational topic of calculus.

User The average height of Aranka, Böske, Cili, Delinke and Lili is 172 cm. We know that Aranka and Cili are both 172 cm tall. The sum of the heights of Böské and Delinke is 336 cm. How tall is Lili?

19) If the temperature of -8°C decreases by 12°C, how much will it be? a)-20°C -4°C c) 4°C d) 20°C

You are the newly appointed transport manager for Super Trucking (Pty) Ltd, which operates as a logistics service provider for various industries throughout southern Africa. One of these vehicles is a 4x2 Rigid Truck and drawbar trailer that covers 48,000 km per year. Use the assumptions below to answer the following questions (show all calculations): Overheads R 176,200 Cost of capital (% of purchase price per annum) 11.25% Annual License Fees—Truck R 16,100 Driver Monthly cost R 18,700 Assistant Monthly cost R 10,500 Purchase price: - Truck R 1,130,000 Depreciation: straight line method Truck residual value 25% Truck economic life (years) 5 Purchase price: Trailer R 370,000 Tyre usage and cost (c/km) 127 Trailer residual value 0% Trailer economic life (years) 10 Annual License Fees—Trailer R 7,700 Fuel consumption (liters/100km) 22 Fuel price (c/liter) 2053 Insurance (% of cost price) 7.5% Maintenance cost (c/km) 105 Distance travelled per year (km) 48000 Truck (tyres) 6 Trailer (tyres) 8 New tyre price (each) R 13,400 Lubricants (% of fuel cost) 2.5% Working weeks 50 Working days 5 days / week Profit margin 25% VAT 15% Q1. Calculate the annual total vehicle costs (TVC)

The maximum gauge pressure of a hydraulic ramp is 16 atm, with a support area whose diameter is 20 cm. What is the mass of the heaviest vehicle that can be lifted?

John he’s going to the carnival with his friends. He spends $25 on an admission ticket. He buys 10 games at X dollars each and two boxes of popcorn at Y dollars each. Write an expression to show the total cost of admission game, tickets and popcorn.

Find the complement and supplement angles of 73

(a) List the set of possible rational zeros of the polynomial function F(x) = 2x3 - 11x2 + 13x - 4. (b) Find all rational zeros of F(x). Only do part B

Determine a general formula (or formulas) for the solution to the following equation. Then, determine the specific solutions (if any) on the interval [0,2π). cos30=0

During a month's time, an automobile sales person receives a 6% commission on the first $5000 in sales, a 7% commission on the next $5000 sales, 8% commission on anything over $10,000. What is her commission for $36,000 in sales?

00 piece jigsaw puzzle. the completed puzzle is 10x10. each piech connects to at least 2 other pieces. i plan to assemble by taking pieces out of box one by one. if i've already taken out 2 pieces that dont directly connect, what is the minimum number of additional pieces that i need to draw to in order to guarentee that the original 2 pieces connect?

Emile organizes a community dance to raise funds. In addition to paying $300 to rent the room, she must rent chairs at $2 each. The quantity of chairs rented will be equal to the number of tickets sold. She sells tickets for $7 each. How much should she sell to raise money?