In how many years will money double at 8% compounded monthly?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
Let PV 1 FV 2 i 06 0006 C Y 12 ...View the full answer
Answered By
Larlyu mosoti
I am a professional writer willing to do several tasks free from plagiarism, grammatical errors and submit them in time. I love to do academic writing and client satisfaction is my priority. I am skilled in writing formats APA, MLA, Chicago, and Harvard I am a statistics scientist and I can help out in analyzing your data. I am okay with SPSS, EVIEWS, MS excel, and STATA data analyzing tools.
Statistical techniques: I can do linear regression, time series analysis, logistic regression, and some basic statistical calculations like probability distributions. . I'm ready for your working projects!
Services I would offer:
• Academic writing.
• Article writing.
• Data entry.
• PDF conversion.
• Word conversion
• Proofreading.
• Rewriting.
• Data analyzing.
The best reason to hire me:
- Professional and Unique work in writing.
- 100% satisfaction Guaranteed
- within required time Express delivery
- My work is plagiarism Free
- Great communication
My passion is to write vibrantly with dedication. I am loyal and confident to give my support to every client. Because Client satisfaction is much more important to me than the payment amount. A healthy client-contractor relationship benefits in the longer term. Simply inbox me if you want clean work.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
In how many years will money double at 7.2% compounded quarterly?
-
In how many years will money quadruple at 8% compounded quarterly?
-
Referring to Problem 23, in how many years will the $10,000 be due in order for its present value to be $5,000? Problem 23 Solving A = Pert for P, we obtain P = Ae-rt which is the present value of...
-
The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Raw materials Work in process Finished goods...
-
A retailer is looking to evaluate its customer service. Management has determined that if the retailer wants to stay competitive, then it will have to have at least a 90% satisfaction rate among its...
-
Suppose you take a 30-year fixed-rate mortgage for $250,000 at 5.25%, monthly payments with a two discount point rebate (negative discount points) to the borrower. Assume that you have no other...
-
For symmetrical blading, the degree of reaction is _____.
-
Shown below in T-account format are the changes affecting the retained earnings of Brenner-Jude Corporation during 2011. At January 1, 2011, the corporation had outstanding 105 million common shares,...
-
Sale in kg 4 , 0 0 , 0 0 0 Selling price per kg is 3 2 rsFixed cost is 4 , 5 0 , 0 0 0 Variable cost per kg Rs . 2 4 Debt is Rs . 1 0 , 0 0 , 0 0 0 Interest rate is 1 2 % Calculate degree of...
-
The pH in a reactor varies sinusoidally over the course of a day. Use least-squares regression to fit Eq. (19.11) to the following data. Use your fit to determine the mean, amplitude, and time of...
-
In what period of time will money triple at 10% compounded semi-annually?
-
What nominal rate of interest compounded monthly is equivalent to an effective rate of 6.2%?
-
Forever Ready Company expects to operate at 85% of productive capacity during May. The total manufacturing costs for May for the production of 25,000 batteries are budgeted as follows: Direct...
-
The current in the 1 3 . 8 2 resistor is / 3 = 0 . 9 A . 1 . Find the current in the other resistors in thecircuit? 2 . What is the total energy dissipated in resistor 4 1 7 . 2 0 if the power supply...
-
A jewelry shop specializes in creating gold and silver charms. The shop has five metalsmiths who work on the charms. One week, the shop's production possibilities curve shifts inward. What could...
-
Explain how the Pakistan crisis will affect the following companies: a) MEIR Commodities India Pvt. Ltd., an agri commodity trading house exporting sugar, molasses, organics, etc. b) Honda, Toyota,...
-
Assess any asymmetric information issues that the apple experienced during the previous five years. What were the adverse selection and the moral hazard problems that the company encountered?
-
Lab-created diamonds have become an alternative to traditionally mined diamonds. There are concerns, however, that these artificial diamonds may undermine diamond values and the reputation of natural...
-
The population of a city is estimated to be 750 + 25t + .1t 2 thousand people t years from the present. Ecologists estimate that the average level of carbon monoxide in the air above the city will be...
-
Players A, B, and C toss a fair coin in order. The first to throw a head wins. What are their respective chances of winning?
-
Make a depreciation schedule for the first two years like Table 17-2 for a truck driven 28,580 miles the first year, 32,140 miles the second year, 29,760 miles the third year, 31,810 miles the fourth...
-
Using the sum-of-the-years'-digits method, make a depreciation schedule for the first two years for a machine that costs $4,200 and will be worth $750 at the end of five years.
-
Make a depreciation schedule using the double-declining rate for three years for a computer system costing $21,000 with an estimated life of three years and a resale value of $ 1,000.
-
Describe a time when you had to stop a client's violent or destructive behaviour. What did you do? What would you have done differently?
-
Analyze the integration of digital technologies, such as process simulation, computational fluid dynamics (CFD), and advanced control systems, in achieving process intensification, focusing on...
-
When monochromatic light of an unknown wavelength falls on a sample of copper, a minimum potential of 2.49 V is required to stop all of the ejected photoelectrons. (The work function for copper is...
Study smarter with the SolutionInn App