How much will an initial investment of $1,000 earning interest of 8% a year be worth at
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
In consistent units we have A 0 1000 amount at pre...View the full answer
Answered By
Akash Goel
I am in the teaching field since 2008 when i was enrolled myself in chartered accountants course
Since then i have an experience of teaching of class XI, XII, BCOM, MCOM, MBA, CA CPT.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
How much will an investment of $ 10,000 be worth at the end of five years if it earns? A. 10 percent interest compounded annually? B. 10 percent interest compounded semiannually? C. 10 percent...
-
How much will an investment of $ 9,000 be worth at the end of five years if it earns? A. 3 percent interest compounded monthly? B. 4 percent interest compounded monthly? C. 3 percent interest...
-
How much will an investment of $100 be worth after 20 years if it increases in value by 25% in each of 10 years, but declines by 20% in each of the other 10 years?
-
Andrew owns a commercial office building that is insured under three property insurance contracts. He has $100,000 of insurance from Company A, $200,000 from Company B, and $200,000 from Company C....
-
The region under the curve y = 1/(x2 + 5x + 6) from x = 0 to x = 3 is rotated about the x-axis. Compute the Volume of the solid that is generated.
-
The burden of proof is on the taxpayer to prove that a provision of the regulations is improper. How could this affect ones tax research?
-
Great Western Bank has offered a special certificate of deposit (CD) tied to the S\&P 500. Funds are deposited into the account at the beginning of a month and are held in the account for 3 years....
-
As part of your audit of the Abba Company accounts payable function, your audit program includes a test of controls addressing the company policy requiring that all vouchers be properly approved. You...
-
Cherokee Incorporated is a merchandiser that provided the following information: Amount Number of units sold 13,000 Selling price per unit $ 18 Variable selling expense per unit $ 2 Variable...
-
With reference to Exercise 3.42 on page 90, In exercise If the values of the joint probability distribution of X and Y are as shown in the table Find (a) The marginal distribution of X; (b) The...
-
A company can introduce only one new product from three available. If it estimates the following data, which product would you recommend?
-
Several years ago John McGregor bought an endowment insurance policy that is about to mature. He has the option of receiving 20,000 now or 40,000 in 10 years' time. Because he has retired and pays no...
-
Explain what a hole is.
-
How will production of alternative fuel vehicles (e.g. electric, natural gas, etc.) become a major focus for automotive companies, and, if so, how will these alternatives affect their operational and...
-
With new emerging trends in healthcare: Consider the following components: What is the emerging trend? Why will it impact healthcare and in what way? What does the literature project about this...
-
Discuss four strategic planning models. Describe the phases of each strategic planning model. Explain how frameworks are used for strategic planning. Recommend stakeholder positions within a company...
-
what is feasibility? what are the success factors required by a project to be successful? what is project objective? What is the role of a project manager in business case. What is procurement route...
-
A basic introduction/definition of e-business, mobile technology, and social networking, along with examples of each. What are the strategic importance of engaging potential customers and strategies...
-
A curve \(C\) in polar form \(r=f(\theta)\) is parametrized by \(\mathbf{r}(\theta)=(f(\theta) \cos \theta, f(\theta) \sin \theta)\) ) because the \(x\) - and \(y\)-coordinates are given by \(x=r...
-
Annual dividends of ATTA Corp grew from $0.96 in 2005 to $1.76 in 2017. What was the annual growth rate?
-
If Marcy can make \(70 \%\) of free throws in a basketball game, what is the probability that she makes five of the next six free throws?
-
As part of a quality improvement initiative, Consolidated Electronics employees complete a three-day training program on teaming and a two-day training program on problem solving. The manager of...
-
As part of a quality improvement initiative, Consolidated Electronics employees complete a three-day training program on teaming and a two-day training program on problem solving. The manager of...
-
The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold...
-
Individual Retirement Account (IRA) Bonds Mutual fund Stocks Futures Defined contribution plans What is it? Level of Risk and Potential Return Minimum investment? Easy to start or stop?
-
1. A company purchased machinery in 2015 for $400,000. Its value in 2018 was $320,000. Assuming the resale value decreases exponentially, what will the value be in 2020? As a part of your solution,...
-
ROA of a company is 8.57%, Total assets end of the year of 2021 are $9.6 million, ROE is 14% and Profit margin of 19.9% what is the firms value of net income? and what is stockholders equity?
Study smarter with the SolutionInn App