How much money will be in an account at the end of 99 years if $5 comma 0005,000 is deposited at 44% interest compounded 44 times per year? Assume no deposits or withdrawals are made.(Round to the nearest dollar as needed.)
Really? A LOT of money!
44 periods a year? Really? 44%/44 times a year = 1% per each of the 44 periods
99 years x 44 periods/yr = 4356 periods
FV = PV (1 +i)^n FV = how much you will have after 99 years PV = 5,005,000 (I assume you made a typo) i=1% =.01
and n=4356
FV = 5,005,000 (1.01)^4356 = 3.3363 x 10^25 I want to know who your broker is!!!!
+4082 Make an account, I do the same...
I liv in Louisiana, it is 12:59pm. WBY?
2200 your time is 2100 my time right now it is 00:13
I grew up in AR.....been to NOLA a few times....fun stuff
+4082 I HATE 24hr time! But I got what you meant. I liv in New Orleans, it ain't as exciting as everyone says it is. I mean there are many sensible things in New Orleans. Just skip all the tourist attractions,LOL! Yeah, bourbon street must see more evil each day than the rest of NOLA combined each week... Well that may be an exaggeration ...
Sorry,,,,,medical stuff is always 24 hour format. I went to JazzFest a couple of times,,,it was great......and so was the Quarter!
+4082 Haha, jazz fest is fun...
French quarter is also fun, but I hate that the fortune tellers put there booths in front of the cathedral, it's like a mockery! And now Mr Mayor takin down statues cuz they are of peeps who had slaves... Awful!
+128595 Hey, Coldplay......I'm right up the road from you in Shreveport.......!!!
I went to UNO for awhile [I'm not sure what it's called now]
Small world, hey ????
P.S. - I LOVE New Orleans......one of the neatest cities in the world.....!!!!!
Political Correctness run amok......don't get me started. I choose to remember history as it happened ,,,not as it is rewritten . ha
+4082 That's sooo cool CPhil!
Not sure exactly what you meant Guest?
Also CPhil I'm pretty sure it's still called UNO:) Though I may be wrong...
I wonder if I asked who said 'What, Me worry?' How many people would know they look at the person who said it everyday? Ha
+4082 Do yo mean neat as in clean( cuz it ain't) or that it cool? Cuz it is pretty cool... Most of the time. Unless u see a guy gettin shot across the street:(
Political correctness involves making sure NO ONE is offended (impossible). Unicorns and rainbows and taking down statues of people 6 generations ago who owned slaves....etc.
As I suspected..... 'What , me worry?' was the famous quote of Alfred E Neuman.....look him up...you'll laugh
+128595 Guest.......I don't want to paint with a broad brush, but I don't think that too many of the younger set on here know of MAD Magazine or the Hon. Alfred E. Neuman..........!!!!!
A Generation Gap, perhaps ????
+4082 Okkkkkkkkkkk, yeah it is impossible to plz everybody, I mean you try to plz everybody u plz nobody, shouldn't say this but: Stupid Mayor!
haha, funny CPhil!
Guest: could u put two "has" idk why but one bother me...
+4082 Oh, so that is who you pic is of. I'd heard of him but didn't make the connection with yo avatar! I thought it was a cartoon pic of u
I remember those crazy last pages of the cover of Mad Magazine that you had to fold to get the TRUE message....and Spy vs Spy etc......
~jc
Good one Coldplay! I suspect it was the same century you were born in....you old Codger!
~jc
Codger = Crumudgeon Kind of a cranky old f**t.... I was just kidding
so you were born AFTER 12/31/00 .... cause 00 was the LAST year of the LAST century (even though people celebrate it as the first year of the new century) ....the FIRST year of the new century was 2001
+4082 EWww! Watching the news and marine donated kidney to lady he never met... They got married after they got out of the hospital. Who knew kidneys were romantic...!LOL!
+4082 Dude, so wish I could become politician... Teach peeps proper way to do things... But the day a woman becomes a big politician is the day ISIS takes over:(. Don't win Hilary! There are very few successful women rulers in history. Perhaps I'll get a Rush Limbaugh job!
Ok......you win. You seem pretty sharp for 12 Keep up the good work !! I'll try to give ya a Thumbs up for good answers (show your work)......
Cphill and I have have gone around on this stuff a bit (he doesn't know it) ....but a lot of time you have to make ASSUMPTIONS which will justify your answers (because sometimes the posted questions are vague or unclear).......When I was in Engineering school......you only got partial credit (even if your answer was correct) if you didn't state the parameters or assumptions which led you to your conclusion/answer.......
Hope you go into STEM as you wnader on down the school road! It is snowing here in CO......I just rode my bike home from the Hospital and am off for a few days.....I'm gonna go sit in the hot tub with a beer and watch it snow,,,,,
Have agood night ! ~jc
Go DittoHead , Go! If you know about Limbaugh, you know what that means!
I have a bumper sticker on my car: well I tried to paste it here..... it says "Hillary" "for Prison" hahaha
Guess I better sign off with that one!
G'night
~jc
+4082 Wait, are you telling me you were working night shift at the hospital?!?!?!? My mum does that, seems... Tiring!
Last post..... we usually work 24 hour shifts, but I got off early (usually ends at 7 am) 'cause someone owed me some hours... L8R
