Keiko is looking at the following investment choices and wants to know what interest rate each choice
Question:
Keiko is looking at the following investment choices and wants to know what interest rate each choice produces.
a. Invest $400 and receive $786.86 in ten years.
b. Invest $3,000 and receive $10,927.45 in fifteen years.
c. Invest $31,180.47 and receive $100,000 in twenty years.
d. Invest $31,327.88 and receive $1,000,000 in forty-five years.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
a r 78686400 110 1 107 1 700 b r 1...View the full answer
Answered By
Albert Kinara
i am an expert research writer having worked with various online platform for a long time. i also work as a lecturer in business in several universities and college part time and assure you well researched and articulate papers. i have written excellent academic papers for over 5 year and have an almost similar experience experting many clients in different units. bachelor of commerce (finance)
masters in strategic management
phd finance
4.60+
26+ Reviews
48+ Question Solved
Related Book For
Question Posted:
Students also viewed these Finance questions
-
A diver under water is looking at the overhead Sun through a diffraction grating that has 5000 lines/cm. What is the highest complete spectrum order that can be seen by the diver?
-
The campus representative for Lens.com wants to know what percentage of students at a university currently wear contact lens. Suppose the true proportion is 30%. a) We randomly pick 100 students. Let...
-
A tourist agency wants to know what proportion of visitors to the Eiffel Tower are from Asia. To find out, the agency surveys 100 people in the line to purchase tickets to the top of the tower one...
-
DS Unlimited has the following transactions during August. August 6 Purchases 88 handheld game devices on account from GameGirl, Inc., for $290 each, terms 1/10, n/60. August 7 Pays $490 to Sure...
-
Assume instead that 2.0 x 106m3 of water evaporates and there is no outflow. The volume of this lake is increasing. Lakes receive water from streams each year and lose water to out flowing streams...
-
Rewrite the following sentences so that they are direct and concise. If necessary, break your answer into two sentences. a. We wanted to invite you to our special 40 percent off by-invitation-only...
-
Velocity ratio of a machine is a variable quantity. True or False
-
City View Restaurant is about to open at a new location. Operating plans indicate the following expected cash flows: 1. Compute the NPV for all these cash flows. This should be a single amount. Use a...
-
What a is the duties and responsibilities of the United States Army Garrison (USAG). How does USAG operate? How are tasks/work projects accomplished within USAG? What are the factors that are...
-
The demand for bottled water increases during the hurricane season in Florida. The operations manager at a plant that bottles drinking water wants to be sure that the filling process for 1-gallon...
-
Fill in the interest rate for the following table a. Using the interest rate formula, r = (FV/PV)1/n 1 b. Using the time value of money keys or function from a calculator orspreadsheet. | Present...
-
Two mutual fund managers, Martha and David, have been bragging about whose fund is the top performer? Martha states that investors bought shares in her mutual fund ten years ago for $21.00 and those...
-
Find the centers and radii of the spheres. 2x 2 + 2y 2 + 2z 2 + x + y + z = 9
-
Suppose a speck of dust in an electrostatic precipitator has N p = 3.75 10 17 protons in it and carries a net charge of Q = -83 nC. Let q e represent the charge of an electron. Part (a) Enter an...
-
Given the function f, defined by f(x)=3x+2x-4, find f(x + a).
-
Consider a two-stage rocket with the following design characteristics First Stage Second Stage 7200.0 kg 5400.0 kg 800.0 kg 600.0 kg The specific impulse for both stages in 275s. Calculate the final...
-
A 12.0 g bullet leaves a rifle with a speed of 860.0 m/s. What should be the minimum mass of the rifle in order that its recoil speed (the backwards speed of the rifle after the bullet is fired)...
-
Compute Home Depot's Debt to Asset ratio for the year ended January 2 0 2 3 . AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (in millions, except per share data) ASSETS December 31, 2021 2022 Current...
-
In Problems 2732, use the given interest rate i per compounding period to find r, the annual rate. 0.012% per day.
-
1-Stern observed all of the following results EXCEPT _______ in his experiment. A-one of the recombinant phenotypes was associated with an X chromosome of normal length B-the number of car, B+ male...
-
Point of sale (POS) terminals, such as those used in ATMs, gas stations, and in stores, have become extremely common due to their convenience and versatility. But in terms of human interface design,...
-
Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover ratios for 2013 and 2014 for Tyler Toys. Should any of these...
-
Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler...
-
For the following firms, find the return on equity using the three components of the DuPont identity: operating efficiency, as measured by the profit margin (net income/sales); asset management...
-
A point particle with charge q = = -200 nC and mass m = 3.0 106 g is released from rest at the midpoint of a parallel-plate capacitor. The capacitor has plate separation d 3.0 mm. The negative...
-
a. Suppose the spherical shell is made of material with a constant conductivity = 3.3 x 104 (22.m). Find the value of the resistance. R = abc a sin(x) x10 Submit Reset All Reset Divide the resistor...
-
2. (10 points) The diagram below shows a region of space that has a uniform electric field in the +x direction, as shown by the arrows. The magnitude of the E-field is +30N/C everywhere. The value of...
Study smarter with the SolutionInn App