Business, 27.03.2020 22:04 preciosakassidy
Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security currently worth $12,800 will be worth $15,573.16 five years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made?
a. 3.20%
b. 0.24%
c. 1.22%
d. 4.00% for this investment to reach
If an investment of $35,000 is earning an interest rate of 8.00%, compounded annually, then it will take a value of $44,089.92-assuming that no additional deposits or withdrawals are made during this time. Which of the following statements is true-assuming that no additional deposits or withdrawals are made?
a. If you invest $1 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000.
b. If you invest $5 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000
Answers: 3
Business, 22.06.2019 02:30
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
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Business, 22.06.2019 07:00
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
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Business, 23.06.2019 01:30
Bmw receives data transmitted by each new vehicle it sells to employees understand how customers use the products and when service may be needed. this use of technology aids in bmw's efforts to interact in an ongoing basis with its customers.
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Business, 23.06.2019 11:10
Which of the following statements best reflects a price-taking firm? price-taking firms maximize profits by charging a price above marginal cost. the firm can sell only a limited amount of output at the market price before the market price will fall. if the firm were to charge more than the going price, it would sell none of its goods. the firm has an incentive to charge less than the market price to earn higher revenue.
Answers: 3
Finding the interest rate and the number of years The future value and present value equations also...
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