Ethan has $160,000 to invest today at an annual interest rate of 4%. Approximately how many years
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Future value P1rn P is paym...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
How many years will it take for $850 per year to amount to $20,000 if the interest rate is 8%?
-
You have saved $10,000 toward a down payment on a home. The money is invested in an account earning 7% interest. You will be ready to purchase the new home once your savings account grows to $25,000....
-
How many years will it take for $850 per year to accumulate to $20,000 if the interest rate is 8%?
-
Do women lead differently than men?
-
A student living in a 4-m X 6-m X 6-m dormitory room turns on her 150-W fan before she leaves the room on a summer day, hoping that the room will be cooler when she comes back in the evening....
-
Cost data for Firetree Manufacturing Company for the month ended March 31 are as follows: a. Prepare a cost of goods manufactured statement for March. b. Determine the cost of goods sold for March....
-
You are faced with making a decision on a large capital investment proposal. The capital investment amount is $\$ 640,000$. Estimated annual revenue at the end of each year in the eight-year study...
-
Brad Timberlake is known throughout the world for his insights on effective and efficient time management. Brad has authored several best-selling self-help books (also available in audio and video...
-
4. A 57-kg person is on top of a 2.1-kg skateboard and holds a 1.7-kg bowling ball. Initially the skateboard and the person are at rest. The person now throws the bowling bowl 18 m/s East. (A) Which...
-
Write the SQL queries that accomplish the following tasks in the ZAGI Retail Company Sales Department Database: a. Display the VendorID and VendorName for all vendors. b. Display the CustomerName and...
-
What effect did Microsoft's revenue recognition policy have on its financial statements? Ignore any potential tax effects. a. Estimate the amount of revenue that Microsoft would have been reported in...
-
Evaluate a compensation system of your choice in terms of how the compensation reinforces the behaviors needed to meet the company's objective. Next, propose three (3) improvements to that...
-
High Liner's statement of cash flows uses the term cash and cash equivalents. a. What does High Liner include in its definition of cash equivalents? b. Does it make sense to include cash and cash...
-
Reyna] Guido is the mother of two minor children. [Domingo] Martinez, the childrens father, died after he was run over by a car on July 8, 2001. Martinez was the victim of a hit-and-run accident....
-
The plaintiff, Joseph M. Orlando, a lawyer, fi led a onecount complaint for slander against Garrick F. Cole, who is also a lawyer. The complaint alleges that Orlando suffered harm to his reputation...
-
Cruzs parents purchased a pressure cooker from a vendor at the San Diego County Fair [in California] in the summer of 2001. On September 10, 2001, Cruz, who was 16 years old at the time, suffered...
-
The plaintiff built a country residence for the defendant at a cost of upwards of $77,000, and now sues to recover a balance of $3,483.46, remaining unpaid. The work of construction ceased in June,...
-
The Brown family owns several companies, including the J. H. Stevedoring Company and Penn Warehousing and Distribution, Inc. Many aspects of the companies operations and management are intertwined....
-
A particle is moving with the given data. Find the position of the particle. a(t) = sin t + 3 cos t, s(0) = , v(0) = 2
-
A consumer magazine is evaluating five brands of trash compactors for their effectiveness in reducing the volume of typical household products that are discarded. In the experiment, each block...
-
Change to LIFO Retail; Dollar-Value LIFO Retail Davenport Department Store converted from the conventional retail method to the LIFO retail method on January 1, 2010, and is now considering...
-
Lower-of-Cost-or-Market you have been asked by the financial vice president to develop a short presentation on the lower-of-cost-or-market method for inventory purposes. The financial VP needs to...
-
Lower-of-Cost-or-Market you have been asked by the financial vice president to develop a short presentation on the lower-of-cost-or-market method for inventory purposes. The financial VP needs to...
-
A 0.55 kg block of ice is sliding by you on a very slippery floor at 3.5 m/s. As it goes by, you give it a kick perpendicular to its path. Your foot is in contact with the ice block for 0.0035...
-
Write a script called ChangeExtensions that accepts two file name extensions as arguments, and renames all files with the first extension to have the second extension. For example, Change Extensions...
-
Write an HTML document that draws the trapezoid (a rectangle that is wider on one side) below in Canvas. (30,30) 50 50 70
Study smarter with the SolutionInn App