In 2029, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2041. what annual rate of return will you earn over the last 12 years?

Present face value (PV) =$1,000

Future face value (FV) = $2,000

Number of years (n) = 12 years

Interest rate = ?

FV = PV(1 + r)n

$2,000 = $1,000(1 + r)12

$2,000 = (1 + r)12  

$1,000

2 = (1 + r)12

12√2= 1 + r    

1.0595 = 1 + r

1.0595 - 1 = r

r = 0.0595

r = 5.95% = 6%                                                                          

Explanation:

In this case, we will apply the formula for future value of a lump sum, which equals present value multiplied by 1 plus interest rate raised to power number of years.  The future value, present value and number of years were provided with the exception of interest rate. Thus, interest rate is made the subject of the formula.

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported