Assume that a $10,000 investment can earn 4% compounded quarterly. What will be its future value a.
Question:
Assume that a $10,000 investment can earn 4% compounded quarterly. What will be its future value
a. After 15 years?
b. After 20 years?
c. After 25 years?
d. After 30 years?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
In all parts o...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
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
Question Posted:
Students also viewed these Mathematics questions
-
Assume that a $10,000 investment can earn 8% compounded quarterly. What will be its future value after: a. 15 years? b. 20 years? c. 25 years? d. 30 years?
-
1. A stock sells at $15 per share. (a) What is the EPS for the company if it has a P/E ratio of 20? (b) If the companys dividend yield is 3 percent, what is its dividend per share? (c) What is the...
-
What will your portfolio be worth in 10 years? In 20 years? When can you stop working? The Human Resources Department at Four Corners Corporation was asked to develop a financial planning model that...
-
When a manager greets department visitors or attends ceremonies, he or she is playing the role of: Figurehead Conceptual Empowerment Productivity
-
In problem 5-1-26 [OSU], determine the minimum average value of the boundary temperature for which the second law is not violated. In Problem 5-1-26 A mass of 10 kg of saturated water vapor at 300...
-
Create a TeeShirt class for Tobys Tee Shirt Company. Fields include an order number, size, color, and price. Create set methods for the order number, size, and color and get methods for all four...
-
Use the same information for Outdoor Experiences Pty Ltd in exercise 22.7. The accountant cant make decisions on the future of the company without your authority as manager, so he believes it is...
-
OBrien Corporation is a midsize, privately owned, industrial instrument manufacturer supplying precision equipment to manufacturers in the Midwest. The corporation is 10 years old and uses an...
-
Discuss the role of thermal radiation in heat transfer at high temperatures. How do factors like emissivity, absorptivity, and view factors influence radiative heat transfer in complex geometries ?
-
Of the two structures shown below, one is a typical gasoline molecule and the other is a typical motor oil molecule. Which is which? Base your reasoning not on memorization, but rather on what you...
-
Patrice defaulted on payments of $1000 due one year ago and $1500 due six months ago. A Small Claims Court orders her to make three payments-$800 one month from now, $900 four months from now, and a...
-
Calculate the compounding frequency for a nominal rate of 3.3% if the periodic rate of interest is a. 0.825%. b. 1.65%. c. 0.275%.
-
Market value added is best described as the: A. market value of the firm, less invested capital. B. market value of equity, less the book value of equity. C. sum of the market value of equity and the...
-
show how to get the adjusting entries in the general ledger. please explain why the answer is wrong on the blank spaces
-
What is the persona of investor that have moderately aggressive risk appetite, that are also comportable with volatility and risk of balanced fund, have medium to long -term investment horrison and...
-
Why is evidence based research important? What method is used to ensure the correct questions are being answered and the correct evidence collected?
-
Use the graph below to answer the following questions: D, is the transactions demand for money, Dm is the total demand for money, and Sm is the supply of money. 1. What is the transactions demand for...
-
Calculate the Beta for Amazon for the calendar year 2020. Upload at least one worksheet to show your calculations. Below are my calculations in terms of finding Beta for Amazon in the year 2020. I...
-
Adam Nichols, a former disc golf star, operates Adam's Discorama. At the beginning of the current season on April 1, the ledger of Adam's Discorama showed Cash $1,800, Inventory $2,500, and Common...
-
Orange juice producers are dismayed and puzzled. An economist told them that the reason the demand for orange juice fell is that a new technology allow tomato producers to pick ripe tomatoes more...
-
Catherine Ruby, a doctoral student at New York University, conducted an online survey to ascertain the reasons that international students chose to attend graduate school in the United States. One of...
-
The General Social Survey in 2012 asked whether we should allow antireligious books in the library. Of the 3077 people who responded, 23% said they should be removed. Identify (a) The sample, (b) The...
-
The Voice of the People poll asks a random sample of citizens from different countries around the world their opinion about global issues. Included in the list of questions is whether they feel that...
-
4.5. Multiplication in GF(24): Compute A(x)-B(x) mod P(x) in GF(24) using the irreducible polynomial P(x) = x++x+1. What is the influence of the choice of the reduction polynomial on the computation?...
-
Write a C++ program that calculates the volume of a cylinder. Define appropriate variables for the diameter and the height of the cylinder. Assuming the units of these variables are in inches,...
-
a. Show the d and values that result from running breadth-first search on the directed graph of Fig 1, using vertex A as the source. (Ascending Order) b. Show the d, f and values that result from...
Study smarter with the SolutionInn App