Effective annual return on investment

Assignment Help Business Economics

Reference no: EM13833158

An investment currently costs $30,000 if the current inflation rate is 3% and the effective annual return on investment is 8%. Approximately how long will it take the future value to reach $45,000?

Reference no: EM13833158

Questions Cloud

Discuss how incentives of physician differ in both countries : In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expenditures on drugs are almost double the level in the U.S. Discuss how th..

Role of risk and return in the pharmaceutical industry : Discuss the role of risk and return in the pharmaceutical industry. In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expendit..

Money is spent on medical care for the elderly today : Research shows that much more money is spent on medical care for the elderly today than 50 years ago. What is the likely reason? Do today’s elderly tend to be sicker and more likely to be disabled than in prior years?

Defined as the product of quantity of an item sold : Total revenue is defined as the product of quantity of an item sold and it price. The price of an item is given by: The total cost incurred is the sum of the fixed costs and operating costs. The latter increases as more items of a product are manufac..

Effective annual return on investment : An investment currently costs $30,000 if the current inflation rate is 3% and the effective annual return on investment is 8%. Approximately how long will it take the future value to reach $45,000?

Research on motivation and culture : Research on motivation and culture

Steps for the upgrading of legacy systems outlined : Refer to real world solution in the chapter. Has crescent healthcare applied the three steps for the upgrading of legacy systems outlined in the chapter? Which of those have been done in more or less detail? Can you fill in the blanks for any that yo..

Increase in the legal minimum wage : Who is hurt and who is helped by an increase in the legal minimum wage? Under what circumstances might a higher minimum not reduce employment?

Calculate the price elasticity of demand is equal : A firm has just increased its price by 35 percent over last year’s price, and it found that quantity sold decreased by 45 percent. The firm comes to you and wants to know its price elasticity of demand. What additional information would you search fo..

User Account

All Pages