Xin Su has been offered the opportunity to invest $44,401 now. The investment will earn 7% per
Question:
Xin Su has been offered the opportunity to invest $44,401 now. The investment will earn 7% per year, and at the end of that time will return Xin $100,000. How many years must Xin wait to receive $100,000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
Using tables Present value Future amount Present value of 1 Factor OR Present value of 1 Factor P...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles Of Financial Accounting
ISBN: 9781118757147
1st Canadian Edition
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
Question Posted:
Students also viewed these Business questions
-
The Charlotte Bobcats, a professional basketball team, has been offered the opportunity to purchase the contract of an aging superstar basketball player from another team. The general manager of the...
-
1. If you were a good friend of Jayden White, what recommendation would you give regarding whether he should accept the international assignment that has been offered to him? 2. What issues should he...
-
Consider again the scenario in Problem 12.2. Suppose that the company has been offered the opportunity to purchase another printing machine for $15,000. Over its three-year useful life, the machine...
-
An abc-sequence set of voltages feeds a balanced three-phase wye-wye system. The line and load impedances are and , respectively. If the load voltage on the a phase is , determine the voltages at the...
-
What are the characteristics of the Ideal" classification system, and why is this ideal so difficult to attain?
-
BSW Corporation has a bond issue outstanding with an annual coupon rate of 7 percent paid quarterly and four years remaining until maturity. The par value of the bond is $ 1,000. Determine the fair...
-
A layer of oil flows down a vertical plate as shown in Fig. P4.63 with a velocity of \(\mathbf{V}=\left(V_{0} / h^{2} ight)\left(2 h x-x^{2} ight) \hat{\mathbf{j}}\) where \(V_{0}\) and \(h\) are...
-
The Makonsel Company is a fully integrated company that both produces goods and sells them at its retail outlets. After production, the goods are stored in the companys two warehouses until needed by...
-
Law is a pervasive part of our lives; regulations shape our daily activities, govern our interactions with one another and our relationships to the planet and to other nations. Often our legal...
-
Assume you are the brand manager of Mountain State Bottled Water. This new brand competes in a product category with several well-known brands. Your marketing communications objective is to generate...
-
Wong Ltd. is considering an investment that will return a lump sum of $600,000 five years from now. What amount should Wong Ltd. pay for this investment in order to earn a 4% return?
-
If Jin Fei invests $3,152 now, she will receive $10,000 at the end of 15 years. What annual rate of interest will Jin earn on her investment? Round your answer to the nearest whole number.
-
The compressor of a large gas turbine receives air from the ambient at 95 kPa, 20C, with a low velocity. At the compressor discharge, air exits at 1.52 MPa, 430C, with velocity of 90 m/s. The power...
-
Fill in the blank field in this text: Use the [1]__________tool to adjust the ceiling grid location if a ceiling tile is less than half its normal size.
-
Fill in the blank field in this text: The [1]_________________________ is an option within the Detail Line tool which allows you to create a rounded corner where two lines intersect.
-
You can relocate the center of rotation when using Radial Array. A) True B) False
-
Use the Offset option to quickly create a parallel line(s). A) True B) False
-
Occasionally you need to draw an object and then move it into place to accurately locate it. A) True B) False
-
Find the real zeros of trigonometric function on the interval 0 2. f(x) = cos(2x) + cos x
-
5. Convert the following ERD to a relational model. SEATING RTABLE Seating ID Nbr of Guests Start TimeDate End TimeDate RTable Nbr RTable Nbr of Seats RTable Rating Uses EMPLOYEE Employee ID Emp...
-
Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $65,000 cash from a personal savings account to a checking account in the name of...
-
Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $65,000 cash from a personal savings account to a checking account in the name of...
-
Neva Nadal started a new business, Nadal Computing, and completed the following transactions during its first year of operations. a. Neva Nadal invested $90,000 cash and office equipment valued at...
-
The Pew Internet and American Life Project reported on the widespread use of the Internet to search for information regarding experimental treatments or medicines. From telephone interviews of 1005...
-
write the differences between Microprocessors and Microcomputers. compare between them and draw the block diagram for each one. B) define the interface and mention it's types with brief description....
-
Write a program that prompts the user for the constitutive parameters (relative permittivity, relative permeability, and conductivity) in medium 1 and medium 2 separated by a planar surface. You are...
Study smarter with the SolutionInn App