If money can be invested to earn 6.5% compounded annually, how much would have to be invested
Question:
a. 10 years?
b. 20 years?
c. 30 years?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
Given j 65 m 1 FV 10000 per year a For a team of 10 years n 110 10 ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
What amount, seven months from now, is equivalent to $1215 today if money can be invested to earn 8 %
-
A perpetuity is to pay $10,000 at the end of every six months. How much less money is required to fund the perpetuity if the money can be invested to earn 5% compounded semiannually instead of 4%...
-
What single amount, paid three years from now, would be economically equivalent to the combination of $1400 due today and $1800 due in five years, if funds can be invested to earn 6% compounded...
-
The surveyor's formula (also called the Shoelace formula or Gauss's area formula) is a handy tool for computing the area of polygonal regions in the plane. For a triangle, it says the following:...
-
In the statement of stockholders equity, the following information was available: Net income............. 159,000 Loss on available-for-sale securities... 11,000 Comprehensive income....... 148,000...
-
The supply and demand equations of a good are given by 3P Q S = 3 and 2P + Q D = 14 respectively. The government decides to impose a tax, t, per unit. Find the value of t which maximises the...
-
How does the strategic direction of the organization influence human resource planning activities?
-
Refer to Exercise E21-18. In E In May 2016, RefreshAde produced 20,000 cases of powdered drink mix and sold 23,000 cases, of which 3,000 were produced in April. The sales price was $30, variable...
-
What you believe is your greatest strength for Marketing Research.? Provide an example of a marketing campaign or strategy where research would have helped, i.e. an example of a FAIL!
-
Express the items from QS 17-5 in common-size percents. Data From QS 17-5 Compute the annual dollar changes and percent changes for each of the following items. Current Yr Prior Yr Cash $ 7,440 $...
-
By calculating the maturity value of $100 invested for one year at each rate, determine which rate of return an investor would prefer. a. 8.0% compounded monthly b. 8.1% compounded quarterly c. 8.2%...
-
Ross has just been notified that the combined principal and interest on an amount that he borrowed 27 months ago at 11% compounded quarterly is now $2297.78. How much of this amount is principal and...
-
Refer to Figure 15.22. Given: = 0, = 0 , H = 5 m, = 15 kN/m 3 , ' = 30 , and ' =158. Estimate the passive force, P p , per unit length of the wall using Caquot and Kerisels solution (Figure 15.6...
-
Using the information in P85, assume that on December 1, 2005, PL entered into a forward contract to buy US$10,000 on January 1, 2006 the expected date of payment to the equipment manufacturer. The...
-
Can you think of ways that classical conditioning is used by politicians? Advertisers? Moviemakers? Do ethical issues arise from any of these uses?
-
Choose the CIDR range with the largest IP address block? A. 192.168.1.1/30 B. 192.168.1.1/255 C. 10.1.0.0/16 D. 255.255.255.0
-
A VCN is defined with the CIDR 192.168.0.0/30. How many IP addresses from this CIDR block are reserved by OCI? A. 1 B. 2 C. 3 D. 4
-
In what ways are communication skills a path to success or to likely elimination from competition?
-
Use a computer algebra system to find the volume of the solid bounded by the graphs of the equations. x = 9 - y, z = 9 - y, first octant
-
For the next several days, take notes on your listening performance during at least a half-dozen situations in class, during social activities, and at work, if applicable. Referring to the traits of...
-
Our cat Fred's summer kitty-cottage needs a new roof. He's considering the following two proposals and feels a 15-year analysis period is in line with his remaining lives. Which roof should he choose...
-
Don Garlits is a landscaper. He is considering the purchase of a new commercial lawn mower, either, the Atlas or the Zippy. The minimum attractive rate of return is 8%, and the table provides all the...
-
QZY, Inc. is evaluating new widget machines offered by three companies. The machines have the following characteristics: MARR = 15%. Using rate of return analysis, from which company, if any, should...
-
Reply to The culture established by Mr. Kelleher places importance on employee happiness, which directly influences customer satisfaction and overall organizational achievements. To maintain this...
-
First, technology has a major impact on talent shortage. With the increased use of AI, there are fewer data analysis jobs required, so technology can potentially replace some forms of supply chain...
-
Career pathing programs arm staff with skills and provides incentives of growth, challenge, and visibility. It presents the chance to change the way a technology team is perceived internally and...
Study smarter with the SolutionInn App