Bill Casler bought a \( \$ 4000 \), 9 -month certificate of deposit (CD) that would earn \( 8 \% \) annual simple interest. Three months before the CD was due to mature, Bill needed his CD money, so a friend agreed to lend him money and receive the value of the CD when it matured. (a) What is the value of the CD when it matures? \( \$ \) (b) If their agreement allowed the friend to earn a 10\% annual simple interest return on his loan to Bill, how much did Bill receive from his friend? (Round your answer to the nearest cent.) \( \$ \) Need Help?

e) \( \$ 12500 \) invested on 10 years at \( 0.7 \% \) per month

se the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest lor 2 yeas ) daily ( \( \mathrm{n}=365 \) ); (b) continuously a) The amount that \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest for 2 years compounded daily ( \( n=365 \) ) is \( \$ 28,164.34 \) Round to the nearest cent as needed.) (b) The amount that \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest for 2 years compounded continuously is \( \$ 28,113.20 \) (Round to the nearest cent as needed.)

Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. \( \$ 27,500 \) invested at \( 3.85 \% \) annual interest for 4 years compounded (a) daily ( \( \mathrm{n}=365 \) ); (b) continuously (a) The amount that \( \$ 27,500 \) invested at \( 3.85 \% \) annual interest for 4 years compounded daily ( \( n=365 \) ) is \( \$ \square \) (Round to the nearest cent as needed.) (b) The amount that \( \$ 27,500 \) invested at \( 3.85 \% \) annual interest for 4 years compounded continuously is \( \$ \square \) (Round to the nearest cent as needed.)

Austin needs a summary of all general ledger accounts classified as fixed assets.Which QuickBooks report would be most useful?Profit and lossExpenses by vendor summaryIncome by customer summaryBalance sheet

1e appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. \( \$ 26,000 \) invested at \( 3.95 \% \) arrual interest for 2 yea ly \( (n=365) \); (b) continuously nd to the nearest cent as needed.) ne amount that \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest for 2 years compounded continuously is \( \$ \square \) ind to the nearest cent as needed.)