An investment offers to quadruple your money in 24 months (dont believe it). What rate per three

Question:

An investment offers to quadruple your money in 24 months (don’t believe it). What rate per three months are you being offered?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Essentials Of Corporate Finance

ISBN: 9780073382463

7th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

See More Books

Question Posted: Jun 12, 2019 09:31 AM

See More Questions

Calculating Rates of Return Suppose an investment offers to quadruple your money in 12 months (dont believe it). What rate of return per quarter are you being offered?
Suppose an investment offers to quintuple your money in 12 months (dont believe it). What rate of return per quarter are you being offered?
An investment offers to triple your money in 24 months (don't believe it). What rate per three months are you being offered?
The binding constants for Mg2+ and Ca2+ are too similar for the species to be determined independently by titration without proper treatment. When a dilute NaOH solution is added to the tap water...
In each case, either prove the assertion or give an example showing that it is false. (a) P2 has a basis of polynomials f(x) such that f(b) = 0. (b) Every basis of M22 contains a noninvertible...
Jerry Stevenson is the manager of a travel agency. He wants to build a model that can predict whether or not a customer will travel within the next year. He has compiled a data set that contains the...
On June 8, 2017, Eugene Weiner made a post on Isaac Aflalos Facebook page. The post read, Yurim and Isaac took advantage of a old 94plus sick man elder abuse [sic]. Alflalo took umbrage to the post...
Governmental Hospital. During 2011, the following selected events and transactions were recorded by Nichols County Hospital. 1. Gross charges for hospital services, all charged to accounts and notes...
10. Suppose f(x) = x - 2. Use the centered difference method with h = 0.1 to approximate f'(1).
Explain how liquidity problems can be an important source of systemic risk in the financial system.
You have $9,000 to deposit. Regency Bank offers 12 percent per year compounded monthly (1 percent per month), while King Bank offers 12 percent but will only compound annually. How much will your...
You can earn 0.35 percent per month at your bank. If you deposit $1,800, how long must you wait until your account has grown to $3,500?
Fill in the blanks in the following table: Units of labor Total product Average product Marginal product 1 40 48 3 138 44 24 6 210 7 29 8 -27 4.
A firm invested $300,000 in an old factory and started producing secret products. After the top management realized that it costs $1,000 to produce one item, the decision was made to abandon the...
1. how you contributed fairly and equitably to the final product (were you responsive andaccessible, did you attend meetings, submit your fair share of the work). 2. your most important contribution...
The influence of social media is huge . How can Facebook,twitter, and other social media sites present a major threat or opportunity to a company? What advice could one offer a company to overcome...
Distribution of Money Recovered (following seizure and sale of assets) 1st: Costs of instructing creditor are paid as proven by a taxed subsequent bill of costs 2nd: First $2000 goes to instructing...
Apple Inc. reported in its 2011 financial statements the following numbers: Table 3 Item Amount (in millions) Total revenue 108,000 Cost of revenue 64,400 Inventory 776 Account receivables 13,700...
Stewart Beauf is a self-employed surfboard maker in 2016. His Schedule C net income is $115,000 for the year. He also has a part-time job and earns $9,100 in wages subject to FICA taxes. Calculate...
What will be the final value of DI after executing the following piece of code? Execute the instructions dependently one after another. CLD MOU CX,OFOH MOU AX.02874H MOU DI,01000H MOU ES, DI SUB...
Net Present Value It is sometimes stated that the Net Present Value approach assumes reinvestment of the intermediate cash flows at the required return. Is this claim correct? To answer, suppose you...
Internal Rate of Return It is sometimes stated that the internal rate of return approach assumes reinvestment of the intermediate cash flows at the internal rate of return. Is this claim correct? To...
Internal Rate of Return It is sometimes stated that the internal rate of return approach assumes reinvestment of the intermediate cash flows at the internal rate of return. Is this claim correct? To...
Example: A surface charge of 5.0 C/m is located in the x-z plane in the region -2.0 m x 2.0 m and -3.0 m y 3.0 m. Find analytically the electric field at the point (0, 4.0, 0) m. x 3 Ps=5/C/m =2...
As shown below, a charged particle is moving through a region that has a uniform 1,400 N/C E-field (the red lines) and a uniform 8.8 T B-field. As a result of these two fields and the resulting...
Owners of a car rental company have determined that if they charge customers p dollars per day to rent a car, where 50 p 200, the number of cars n they rent per day can be modeled by the linear...

An investment offers to quadruple your money in 24 months (dont believe it). What rate per three

Question:

Step by Step Answer:

To find the length of time for money to double triple etc the present v...View the full answer

Essentials Of Corporate Finance

Students also viewed these Business questions