Find the nominal rate of return using the exact formula

Assignment Help Financial Management

Reference no: EM131954104

1. Suppose you deposit $2,615.00 into an account today. In 7.00 years the account is worth $3,541.00. The account earned ____% per year.

2. Suppose you deposit $1,130.00 into an account today that earns 12.00%. It will take ___ years for the account to be worth $2,759.00.

3. Assume the real rate of return is 4.57% and the inflation rate is 6.70%. Find the nominal rate of return using the exact formula.

Reference no: EM131954104

Questions Cloud

How does the person describe current health : How does the person describe current health? What does the person do to maintain health? What does person know about links between lifestyle and health?

Find the EAR in each of cases : Find the EAR in each of the following cases (Use 365 days a year.

Explain impact of location on our marketing campaigns : We want to just get our feet wet and pull every location report that we can - then combine them into a dashboard that tells a story.

Government spending a lot of money or cutting taxes : President Trump is using a whole lot of tax reductions to do the same thing. So which is a better tool to get the economy going again

Find the nominal rate of return using the exact formula : Assume the real rate of return is 4.57% and the inflation rate is 6.70%. Find the nominal rate of return using the exact formula.

Members of the house of representatives : Most of the Federal elected politicians, members of the House of Representatives, are up for reelection every two years.

How do corporations go public and continue to grow : How do corporations go public and continue to grow? What are agency problems? What is corporate governance?

What is the company net income and company roa : What is the company's net income? What is the company's ROA?

Domestic shortage or surplus : Suppose for the soybean oil market in costa rica the demand equation is P=20-0.4QD and the supply demand is P=8=0.6QS the price for the oil is $13

User Account

All Pages