How long will it take until greg has

Assignment Help Finance Basics
Reference no: EM133910955

Problem

Greg has an investment that he hopes will be worth $500,000. Greg invested a total of $25,000 in the investment today. The investment is earning 10.5% annually. Get the instant assignment help. How long will it take (in years) until Greg has his $500,000?

 

Reference no: EM133910955

Questions Cloud

Find marissas account balance in thirteen years : Marissa plans to put $4300 dollars in account that earns 4% interest. Use the formula or the FV function in Excel to find Marissa's account balance in 13 years.
Identify diverse factors that affect student learning : Utilize key documents (e.g., IEPs, PLAAFP, etc.) and formal and informal assessment information to identify diverse factors that affect student learning.
How much will be in the account : If she leaves the money in this account for the full 7 years and it earns 12.5%, compounding quarterly, how much will be in the account?
How your proposed change would support young children : How your proposed change would support young children and their families by optimizing learning opportunities, strengthening the inclusive learning environment.
How long will it take until greg has : Greg invested a total of $25,000 in the investment today. The investment is earning 10.5% annually. How long will it take until Greg has his $500,000?
How long will it take for shandra to have her : Shandra has calculated that her investment of $3,000 will grow to $100,000. How long (in years) will it take for Shandra to have her $100,000?
How many years will she have to wait till the account has : Macie just inherited $12,000 and wants to invest it till it grows to $100,000. How many years will she have to wait till the account has the $100,000?
How does one become a school psychologist : How much does it pay to work a contract through a staffing company to be a school psychologist.
How much will be in their account at the end : They found one agency that promised an annual return of 11.5%. If they invest money and keep it there for 5 years, how much will be in their account at the end?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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