21. Town of Stephenville Council has committed to investing $100,000 into a New Minor Hockey Arena Fund at the beginning

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

21. Town of Stephenville Council has committed to investing $100,000 into a New Minor Hockey Arena Fund at the beginning

Post by answerhappygod »

21 Town Of Stephenville Council Has Committed To Investing 100 000 Into A New Minor Hockey Arena Fund At The Beginning 1
21 Town Of Stephenville Council Has Committed To Investing 100 000 Into A New Minor Hockey Arena Fund At The Beginning 1 (16.37 KiB) Viewed 52 times
21. Town of Stephenville Council has committed to investing $100,000 into a New Minor Hockey Arena Fund at the beginning of every quarter for the next seven years. The Fund is expected to earn 8% compounded quarterly. What will be the value of the fund at the end of the seven years? Round your answer to the nearest whole dollar. (4 marks)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”