User Account

All Pages

Consider a savings account that pays an annual interest

Assignment Help Finance Basics
Reference no: EM13568750

Consider a savings account that pays an annual interest rate of 8%. Calculate the amount of time it would take to double your money. Round to the nearest year.

A. 7 years

B. 8 years

C. 9 years

D. 10 years

Reference no: EM13568750

Questions Cloud

Lisa smith the treasurer of bank aaa has 100 million to : lisa smith the treasurer of bank aaa has 100 million to invest for one year. she has identified three alternative
Bombay makes bicycle seats that they sell for 33 to : bombay makes bicycle seats that they sell for 33 to retailers. annually they produce and sell 20000 units. their costs
What revenues and costs are probably differential for the : beige computers operates retail stores in both downtown city and suburban mall location ns. the company has two
A five-year corporate bond paying an annual coupon of 8 is : a five-year corporate bond paying an annual coupon of 8 is sold at a price reflecting a yield to maturity of 6. one
Consider a savings account that pays an annual interest : consider a savings account that pays an annual interest rate of 8. calculate the amount of time it would take to double
The company has an agreement with a bank that allows the : you have just been hired as a new management trainee by earrings unlimited a distributor of earring to various retail
The bond matures in 18 months and the next coupon will be : a treasury bond has a coupon rate of 6 per annum the coupons are paid semiannually and a semiannually compounded yield
An investor buys a treasury bill maturing in 1 month for : an investor buys a treasury bill maturing in 1 month for 987. on the maturity date the investor collects 1000.
A zero-coupon bond with a maturity of 10 years has an : a zero-coupon bond with a maturity of 10 years has an annual effective yield of 10. what is the closest value for its

Reviews

Write a Review

Finance Basics Questions & Answers

  The ratio of total assets to sales is constant at 60 and

a firm wishes to maintain a growth rate of 11.5 and a dividend payout ratio of 30. the ratio of total assets to sales

  What is the difference in the future value of savings

What is the difference in the future value of savings between investing in an active fund and a passive fund?

  What is the percentage price change of these bonds

Bond J is a 4 percent coupon bond. Bond K is a 10 percent coupon bond. Both bonds have 12 years to maturity, make semiannual payments, and have a YTM of 7 percent.

  Computing equal periodic deposits

You want to have $30,000 in your savings account eight years from now-what amount should you deposit each year?

  The stock exchanges in regulating the securities industry

Explain the role of the role of the sec, the NASD, and the stock exchanges in regulating the securities industry.

  Barriers protecting businesses and employees from global

Thomas L. Friedman argues that many of the barriers protecting businesses and employees from global competition have been broken down due to dramatic improvements in communication and transportation technologies

  What is the approximate real rate of your reward for saving

Suppose you postpone consumption and invest at 9% when inflation is 3%. What is the approximate real rate of your reward for saving?

  Compute the real rates of return

At the starting of last year, you invested $4,000 in 80 shares of the Chang company. During the year, Change paid dividends of $5 per share.

  What is the present value of 12500 to be received 10 years

what is the present value of 12500 to be received 10 years from today? assume a discount rate of 8 compounded annually

  Determine the ebitinterest coverage ratio of each firm

you are analyzing the leverage of two firms and you note the following all values in millions of dollars nbspdebtbook

  Determine the expected dividend for next three years

Suppose your broker offers to sell you some shares of Swift and Company common stock that has just paid an yearly dividend of $2(yesterday). You expect the dividend to grow at the rate of 5 percent a year for the next 3 years,

  A company has quick assets of 300000 and current

a company has quick assets of 300000 and current liabilities of 150000. the company purchased 50000 in inventory on

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd