If you invest $10,000 at 8%, how much will your investment be worth at the end of

Question:

If you invest $10,000 at 8%, how much will your investment be worth at the end of the following time periods?
a) 5 years
b) 10 years
c) 15 years

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Finance for Non Financial Managers

ISBN: 978-0176530839

7th edition

Authors: Pierre Bergeron

See More Books

Question Posted: Dec 03, 2014 09:19 AM

See More Questions

How much will your investment portfolio be worth after 40 years if it earns: a. 8% compounded monthly? b. 10% compounded monthly?
How much will you have accumulated in 40 years if you invest 4000 per year for 18 years stop saving for 10 years and then save 8000 per year for 12 years assume year end and an interest rate of 12?
How much will $10,000 be worth after 25 years if it earns: a. 6% compounded semiannually? b. 7%compoundedsemiannually? c. 8% compounded semiannually?
The ABC Company has a cost of equity of 24.76 percent, a before-tax cost of debt of 5.37 percent, and a tax rate of 26 percent. What is the firm's weighted average cost of capital if the proportion...
Major changes have taken place in the way that theatre tests are conducted. Describe some of these changes and the changes in measures that have also occurred in this testing method.
Bensen Corporation is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Depreciation is computed by...
Assume we have a non-dividend-paying stock governed by the stochastic differential equation $\mathrm{d} S_{t}=\mu S_{t} \mathrm{~d} t+\sigma S_{t} \mathrm{~d} z_{t}$ and a risk-free asset carrying...
The futures price of gold is $650. Futures contracts are for 100 ounces of gold, and the margin requirement is $5,000 a contract. The maintenance margin requirement is $1,500. You expect the price of...
COMPLETE PART B AND USE NEWTON RAPHSON ITERATION METHOD SO SOLVE WHAT IS a and b. The answer should be 0.79 and 0.19 ish Question 1 Box-shaped design are commonly seen for small satellites. The...
(a) A continous random variable X has a pdf given by k(1+1), 1x <0 f(x)= 2k(1-x), 0x1 elsewhere 0, (i) Find the value of the constant k (ii) Obtain the standard deviation of the random variable X X...
You plan to invest $150,000 in a retail business. The projected 10-year cash flows are as follows: Year 1 . $20,000 Year 2 . $21,000 Year 3 . $22,000 Year 4 . $24,000 Year 5 . $30,000 Year 6 ....
If you receive an inheritance and have two payment options, would you prefer $85,000 now or payments made at the beginning of each year in the following way? Year 1 ..........$20,000 Year 2...
What is the charge on the common monatomic ions of the following elements? (a). Selenium (b). Fluorine (c). Iron (d). Nitrogen
some instruments in the takht ensemble perform an ostinato underneath a solo instrument. What is an ostinato? Explain.
In your opinion or what are your thoughts - how important are professional designations/organization in completing fraud and loss investigations?
As an SK Treasurer, what are your duties and responsibilities on the workflow of the SK Accounting Plan?
What information on the CFP Board site will be useful to you as you prepare to launch your career?
What methods are available to management to signal the quality of their accounting information?
E. Coli have rod-shaped cells that closely resemble cylinders. Which size E. Coli cell (measured in m) would be most metabolically efficient? (A) Radius = 0.5, height = 1.5 (B) Radius = 0.5, height =...
For what reason might an exporter use standard international trade documentation (letter of credit, draft, order bill of lading) on an intrafirm export to its parent or sister subsidiary?
Which of the following is true about the minimum attractive rate of return (MARR) used in judging the economic value of projects? a. MARR has no bearing on engineering projects. b. MARR is the same...
Define each of the following loan terms, and explain how they are related to one another: the prime rate, the rate on commercial paper, the simple interest rate on a bank loan calling for interest to...
Why are accruals called spontaneous sources of funds, what are their costs, and why dont firms use more of them?
Indicate using a (+), (-), or (0) whether each of the following events would probably cause accounts receivable (A/R), sales, and profits to increase, decrease, or be affected in an...
Details of the capital structure of Webber Ltd. appear below: Bonds Number issued Coupon rate Interest payments Years to maturity 27,000 6% semi-annually 10 $90 Current price Preferred shares Number...
An Ice cream company has commissioned an ice sculpture for their end of year celebration. The ice sculpture is in the shape of a giant ice cream cone-the shape can be thought of as a cone with one...
1. A soft drink vendor at a popular beach resort analyzes his sales records and finds that if he seels x cans of pop in one day, his profit in dollars is given by the function P(x) = -0.012+3x-80....

If you invest $10,000 at 8%, how much will your investment be worth at the end of

Question:

Step by Step Answer:

By referring to Table A at the 8 column and a 5year row you ...View the full answer

Finance for Non Financial Managers

Students also viewed these Finance questions