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How long will take to double money

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Reference no: EM132919836

Problem 1: How long will it take to double your money if it grows at 12% annually?

a. B) 4 years
b. D) 10 years
c. C) 6 years
d. A) 9 years

Problem 2: Give the present value of Shs 100,000 expected 5 years from today earning interest of 5% per annum.

a. 13,350
b. 66,670
c. 98,500
d. 78,353

Problem 3:  All of the following influence the price of a stock for the firm going public by way of an IPO except:
a. D) anticipated public demand
b. B) an in-depth company analysis
c. A) the previous share price
d. C) the P/E ratio for similar firms in the industry

Reference no: EM132919836

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