What annually compounded rate of interest will an investor need to earn if an investment of $100,000

Question:

What annually compounded rate of interest will an investor need to earn if an investment of $100,000 is to grow to be worth $1,000,000 over a 25 year period?

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

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

See More Books

Question Posted: Oct 21, 2020 05:39 AM

See More Questions

What annual interest rate would you need to earn if you wanted a $1,000 per month contribution to grow to $75,000 in six years?
What annual interest rate would you need to earn if you wanted a $600 per month contribution to grow to $45,000 in six years?
An investment earned 6% compounded semiannually for two years and 8% compounded annually for the next three years. What was the equivalent annually compounded rate of return for the entire five-year...
Burke Fabricators completed two jobs in June. Burke Fabricators recorded the following costs assigned to the jobs by the companys activity-based costing system: Job 622 required 2,400 parts, 77,500...
Superheated water vapor enters a valve at 3445 kPa, 260oC and exits at a pressure of 551 kPa. Determine (a) the specific flow exergy () at the inlet and exit and (b) the rate of exergy destruction in...
provide industry examples of how buy now pay later offers are regulated and monitored compared to traditional bank facilities. Please include examples of how buy now pay later offers are terminated...
This creative dynamic visualization by Nathan Yau (flowingdata.com) shows a day in the life of 1000 different representative Americans based on survey data: http://flowingdata...
What are the advantages of establishing pay ranges, rather than specific pay levels, for each job? What are the drawbacks of this approach?
Image transcription text 9:10 X Test_Belgeleme_Vak... Q E .. . Yapisal Test ve Validasyon Takimi Test Belgeleme Muhendisligi Aday Vaka Calismasi Ad: Soyad: 1) Asagidaki sekilde, kok noktasindan...
Abourne Ltd manufactures a microcomputer for the home use market. The management accountant is considering using regression analysis in the annual estimate of total costs. The following information...
Marina deposited $1800 into an investment earning 6.4% compounded quarterly. When her investment is worth $2000, she will withdraw the money and make a down payment on a car. Rounded to the nearest...
Jeff purchased Hudson's Bay Company shares on the Toronto Stock Exchange for $27.10. Twelve months later the shares were trading at $23.01. The shares paid dividends totalling $0.20. What was Jeff's...
When carmaker Hyundai launched an all-new version of the Sonata-its longest-standing and most successful model-it did so on advertising's biggest stage: the Super Bowl. Like other event-sponsoring...
Jan's mobiles limited" sells mobile phones. All brands of the phone are sold and customers can purchase phones outright or on a contract basis. What are the characteristics of the market for mobile...
How might the organizational culture of a criminal justice organization impede management goals to reduce misconduct?
Techtown, a maker of consumer electronics, had great success with its line of DVD players. Techtown was one of the first companies to enter the DVD market and sales and profits grew rapidly as...
An apparel business wants to promote their new spring collection on social media through paid ads. The business has a social media handle on all major social media websites, but have the budget to...
Describe branding and how a company manages its brand as it moves into other countries? Describe "Clock Time" as taught in class and how it might be employed in company strategy? Describe how one...
Which of the following items is not a temporary book-tax basis difference? a. Warranty reserve accruals b. Accelerated depreciation c. Capitalized inventory costs under 263A d. Nondeductible stock...
Is times interest earned meaningful for utilities? Why or why not?
You are conducting a test to determine whether there is enough statistical evidence to infer that a population mean is greater than 100. You discover that the sample mean is 95. a. Is it necessary to...
While conducting a test to determine whether a population mean is less than 900, you find that the sample mean is 1,050. a. Can you make a decision on this information alone? Explain. b. If you did...
Because to be in the middle class requires a net worth of at least $67,300, we would expect the average age (AGE) of middle-class American adults to be greater than the average age of all American...
Select an innovative business idea like smart bag . Then, design a plan for starting the business. You are required to prepare a TYPED report on the plan for setting up your business which includes:...
Name and explain 2 advantages of having a liquidated damages clause in the contract.
Methodology This study adopted a positivistic research paradigm and implemented a quantitative research approach which was deductive and cross-sectional in nature. A survey with self-administered and...

What annually compounded rate of interest will an investor need to earn if an investment of $100,000

Question:

Step by Step Answer:

The investment would need to earn j mi 1965 9...View the full answer

Fundamentals Of Business Mathematics In Canada

Students also viewed these Mathematics questions