If Jin Fei invests $3,152 now, she will receive $10,000 at the end of 15 years. What
Question:
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 percent.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
Using tables Present value Future amount Present value of 1 Factor 3152 10000 Present va...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Accounting Principles Volume 2
ISBN: 9781119786634
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
Question Posted:
Students also viewed these Business questions
-
Are the following assets rate sensitive within a six- month time frame? Explain. a. Three- month T- bill b. Federal funds sold (daily repricing) c. Two- year Treasury bond with semiannual coupon...
-
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.
-
If she contributes $800 to her savings at the end of every 3 months for the first 4 years of savings and $200 at the end of every month for the following five years, how close to her goal will she...
-
Paul made the following acquisitions and disposals of ordinary shares in Crimmon plc: No further shares were acquired during 2020. Against which acquisitions will each of the above disposals be...
-
Cordova Co. is a small merchandising company with a manual accounting system. An investigation revealed that in spite of a sufficient bank balance, a significant amount of available cash discounts...
-
What is a standby commitment? When and why is it used?
-
4.598 Identify which of the following are rational numbers.
-
In Parts I (pp. 245-247) and II (pp. 287-288) of this case you performed preliminary analytical procedures and assessed acceptable audit risk and inherent risk for Pinnacle Manufacturing. In Part III...
-
Illustration III (Inventory loss in manufacturing setup) On June 1, 2019, a fire completely destroyed the WIP inventories of ABC Manufacturing, Inc. The following amounts were determined: Jan. 1,...
-
Read the case study her vision of a model research center. You are to write an essay narrative that must include the following questions. What is it about Rachels leadership that clearly suggests...
-
Wong Ltd. is considering purchasing an investment that will return a lump sum of $600,000 five years from now. What amount should Wong pay for this investment in order to earn a 4% return?
-
Using a financial calculator, answer the following: a. What is the present value of $25,000 due nine periods from now, discounted at 10%? b. What is the present value of $25,000 to be received at the...
-
Even though all of your tasks have met the WBS completion criteria, what scheduling problems might prompt you to further decompose one or more of them, and how will that resolve the problems?
-
what ways do the works of Virginia Woolf address the limitations placed on women in society, and how does she advocate for a redefinition of gender roles in literature ?
-
On April 1, 2020, The Proton Company had 60,000 units in its work in process inventory, 100% complete with respect to materials and 40% complete with respect to conversion costs. During April,...
-
what ways do the works of Nathaniel Hawthorne utilize symbolism to explore themes of sin and redemption, and how do these symbols interact with the historical context of 19th-century America ?
-
Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities: Net income Purchase of equipment Borrowings under line of credit...
-
5. Consider the circuit diagram in Fig. 1 a. Write the Boolean expression for the function F(x, y, z) b. Construct the truth table describing the outputs of the circuit F(x, y, z), c. Express the...
-
Which of the following are subspaces of F[0, 1]? Support your answer. (a) U = {f | f(0) = 0} (b) U = {f | f(x) 0 for all x in [0, 1]} (c) U = {f | f(x + y) = f(x) + f(y) for all x and y in [0, 1]}
-
The Thomas Corporation was organized on Jan. 1, 2020. On Dec. 31, 2021, the corporation lost most of its inventory in a warehouse fire before the year-end count of inventory was to take place. just...
-
The adjusted trial balance for Arun?s Animations is presented below. Instructions a. Prepare an income statement and statement of owner?s equity for the year. Mr. Arun invested $5,000 cash in the...
-
The unadjusted trial balance for Veda?s Video Arcade at its fiscal year end of May 31, 2021, is as follows: Additional information: 1. On May 31, 2021, Veda?s Video Arcade had provided services but...
-
The unadjusted trial balance for Laurie?s Laser Games at its fiscal year end of April 30, 2021, is as follows: Additional information: 1. On April 30, 2021, Laurie?s Laser Games had not collected or...
-
If First Interest Bank issues a written note to Joaquin indicating that the bank has received $1,500 as a loan from Joaquin and promises to repay him that amount in the future with interest, this is...
-
Fundraising is an important aspect of the external activity of many nonprofit CEOs. Group of answer choices True False
-
An airline sells an airline ticket and collects the fare in February for a flight in March to a spring break destination. Based on this information, when would the company recognize revenue? Group of...
Study smarter with the SolutionInn App