How long will it take them to double the initial deposit

Assignment Help Accounting Basics
Reference no: EM133050713

Question - An investor deposits $4000. How long will it take them to double the initial deposit if the investment earns a simple interest rate of 9.8% per annum?

Reference no: EM133050713

Questions Cloud

Maximize the revenue : Each car on a freight train can hold 4200 pounds of cargo and has a capacity of of 480 cubic feet. The freight service handles two types of packages: small - wh
Case study-musical operating rooms : Dr. John Wilkins sat staring at the phone message in front of him. Dr. Peter Mikelson, chief of orthopedics, had called again wanting to discuss the current sys
Calculate the forward rate offered by the bank : Given the following (simplified) data, One-month French interest rate: 4.65% p.a. calculate the forward rate offered by the bank
Define subject records management : 1. Define subject records management, and explain why this system is the best choice for filing certain records. (Obj. 1)
How long will it take them to double the initial deposit : An investor deposits $4000. How long will it take them to double the initial deposit if the investment earns a simple interest rate of 9.8% per annum
Agreements and arrangements for advertisements : What currently are the most innovative agreements and arrangements for advertisements/sponsorships? Provide a specific example.
What is the profit from closing out the futures position : In three months' time the fund manager buys $2 million corporate bonds at yield of 6.84% p.a. What is the profit from closing out the futures position
What is the total cost of option : The Austin, Texas plant of Computer Products produces disk units for personal and small business computers. Gerald Knox, the plant's production planning direct
Determine the cost of goods sold : K-tel Industries had the following activity with one of its inventory items during the current period: Determine the cost of goods sold

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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