Natasha Anapova purchased an investment for $11,469.92. From this investment, she will receive $1,000 annually for the
Question:
Natasha Anapova purchased an investment for $11,469.92. From this investment, she will receive $1,000 annually for the next 20 years, starting one year from now. What rate of interest will Natasha’s investment be earning for her?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (11 reviews)
Present value Annuity X Present value of an annuity 1...View the full answer
Answered By
ZIPPORAH KISIO LUNGI
I have worked on several other sites for more than five years, and I always handle clients work with due diligence and professionalism. Am versed with adequate experience in the fields mentioned above in which have delivered quality papers in research, thesis, essays, blog articles, and so forth.
I have gained extensive experience in assisting students to acquire top grades in biological, business and IT papers. Notwithstanding that, I have 7+ years of experience in corporate world software design and development.
5.00+
194+ Reviews
341+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Accounting questions
-
What rate of interest with continuous compounding is equivalent to 15% per annum with monthly compounding?
-
What rate of interest is required for $740.48 to earn $42.49 interest from September 10, 2015, to March 4, 2016?
-
What rate of interest is required for $740.48 to earn $42.49 interest from September 10, 2017, to March 4, 2018?
-
Explain the investigation process As an HR manager, identify the first three steps you recommend the HR team take to begin to investigate this scenario. Explain how the steps you are recommending are...
-
What concentration of Fe(CN)64- (ferrocyanide) is in equilibrium with 1.0 M Ag+ and Ag4Fe(CN)6(s). Express your answer with a prefix from Table 1-3.
-
Partial regression results from a sample of 24 observations are shown below. Fill in the missing values indicated by ()*. Regression Statistics Multiple R R2 Adjusted R2 Std Error Observations 0.637...
-
Water flows through the horizontal branching pipe shown in Fig. P3.112 at a rate of \(10 \mathrm{ft}^{3} / \mathrm{s}\). If viscous effects are negligible, determine the water speed at section (2),...
-
The management of Kuiper Inc. asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2012, the accounting records show these data. Inventory,...
-
Because of its high dielectric strength, SF6 (sulfur hexafluo-ride) gas is widely used as an insulator and a dielectric in HV applications such as HV transform-ers, switches, circuit breakers,...
-
Wolsey Industries Inc. Estimated Income Statement 1. For the Year Ended December 31, 20Y3 Sales #REF! Cost of goods sold: #REF! #REF! Direct materials Direct labor Factory overhead #REF! #REF! #REF!...
-
Hellen Bos has been offered the opportunity of investing $51,316 now. The investment will earn 10% per year and at the end of that time will return Hellen $100,000. How many years must Hellen wait to...
-
Kaley Perry invests $8,559.48 now for a series of $1,000 annual returns, beginning one year from now. Kaley will earn a return of 8% on the initial investment. How many annual payments of $1,000 will...
-
Refer to question 44 in Chapter 3, and answer the following questions: a. Create a Spider Plot to summarize what happens to the optimal total profit as the total storage capacity increases from...
-
7. Which one of the following is true about age-hardenable 2000-series aluminium alloys? A. The increase in strength associated with the ageing heat-treatment is due to diffusion of the alloy element...
-
An industrial operation is working with 70 % capacity. The annual variable production cost is 140 000 $. Total annual fixed cost is 100 000 $. If the unit selling price of the product is 20 $ and...
-
Oil used to lubricate the surfaces of a rotating bearing behaves such that viscous dissipation is not negligible. The properties of the oil are assumed to be constant. The problem can be modelled as...
-
The concentrated force applied at the free end of the cantilever is 400 kN. What is the bending stress at point A located at 100 mm from the bottom at section a-a? -0.5 m- a a 400 KN -0.5 m- 11 100...
-
Oil passes through a straight circular pipe placed horizontally, where the flow rate is to be measured with a venturi meter mounted on the pipeline. Since the height difference read on the manometer...
-
Refer to Example 6. (A) Find n(T W), n(T W), n(W T), and n(T W). (B) Draw a Venn diagram with circles labeled T and W, indicating the numbers of elements in the subsets of part (A). Data from...
-
A statistical study shows that the fraction of television sets of a certain brand that are still in service after x years is given by f (x) = e-0.15x. (a) What fraction of the sets are still in...
-
In this usury case under Texas law, Plaintiff-Appellant Achee Holdings, LLC (Achee) appeals the district courts order granting the Federal Rules of Civil Procedure 12(b)(6) motion to dismiss filed by...
-
Data for Brislin Inc. are presented in P17-5B. Instructions Prepare the operating activities section of the statement of cash flows using the direct method.
-
Presented below are the financial statements of Ortega Company. Additional data:1. Dividends of $23,000 were declared and paid.2. During the year equipment was sold for $10,000 cash. This equipment...
-
Data for Ortega Company are presented in P17-7B. Further analysis reveals the following. 1. Accounts payable pertains to merchandise creditors. 2. All operating expenses except for depreciation are...
-
Renovation and Restoration of community Park project For Risk management plan External risk : Budget Fluctuations in local economy Environment disasters Internal Risk: Safety Not enough money, staff...
-
QS) Simon and Sandra Soh are no different from many young families who are concerned with their finances. In their fact-finding form, they have emphasised the two most important financial goals to...
-
Write down everything you have eaten over a 48 hour time period. Follow the chart below. Date: Times: Breakfast Lunch Dinner Snacks Date: Times: Breakfast Lunch Dinner Snacks
Study smarter with the SolutionInn App