User Account

All Pages

Interest rate associated with the account

Assignment Help Finance Basics
Reference no: EM131081323

Assume you deposit $600 in an account, and that in 6 years you have $900. Assuming daily compounding frequency what is the quoted annual interest rate associated with the account?

Reference no: EM131081323

Questions Cloud

Prepare statement showing expenses of operating a single bus : Prepare a statement showing the expenses of operating a single bus and the fleet of five buses for a year. Work out the average cost per student per month in respect of 1. Students coming from a distance of up to 4 km from the school.
Approximate score for a student : (a) What is the estimated percentile for a student who scores 465 on Writing? (b) What is the approximate score for a student who is at the 87th percentile for Writing?
Machine produces a defective item : Suppose that a machine produces a defective item with probability p and produces a non-defective item with probability 1 - p. Suppose further that five items produced by the machine are selected at random and inspected,
How america understood fundamentalism at the time : Elizabeth is a Fundamentalist living in the 1930's. Your task (again, as a member of the Rasmussen College Historical Society) is to go back in time and interview Elizabeth. The focus of your interview is twofold. First, you are to discern from E..
Interest rate associated with the account : Assume you deposit $600 in an account, and that in 6 years you have $900. Assuming daily compounding frequency what is the quoted annual interest rate associated with the account?
Determine the key features of each company''s business-level : Determine the key features of each company's business-level strategy.
Find the gross profit margin ratio for mile wide : Find the gross profit margin ratio for Mile Wide for 2010 and 2011. Find the asset turnover ratio for Mile Wide for 2010 if its average total assets were $126,432. Find the asset turnover ratio for Mile Wide for 2011 if its average total assets were ..
External financing sources : A firm wishes to maintain an internal growth rate of 7.8 percent and a dividend payout ratio of 40.0 percent. The current profit margin is 6.2 percent, and the firm uses no external financing sources.
Percent change in the cash coverage ratio : What is the approximate percent change in the cash coverage ratio? What is the precise percent change in the cash coverage ratio?

Reviews

Write a Review

Finance Basics Questions & Answers

  Which of the following statements about the relevant range

Which of the following statements about the relevant range is true?

  What the cost of equity for ajax using dividend valuation

The expected risk-free rate of interest is 2%, and the expected market premium is 5.5%. The company's beta is 1.2.

  Calculate stock price in one year

The current price of ADM's stock, Po, is $20 and corporation is expected to pay a $2.20 dividend next year. If the appropriate required rate of return for ADM's stock is 15%,

  Suppose two factors are identified for the us economy the

suppose two factors are identified for the u.s. economy the growth rate of industrial production ip and the inflation

  Financial manager of a furniture manufacture

Anne Teak, the financial manager of a furniture manufacturer, is considering opening a lock-box system.  She forecasts that 800 payments a day will be made to lock boxes with an average payment size of $2,000.  The bank's charge for operating the loc..

  Compare and contrast acquisition indebtedness and hom

Please compare and contrast acquisition indebtedness and home-equity indebtedness. Why might it be good advice from a tax perspective to think hard before deciding to quickly pay down mortgage debt?

  The accuracy of the percent of sales forecast method is

the accuracy of the percent of sales forecast method is impaired ifa. scale economies are present for assets.b. assets

  The capital asset pricing model capm relates the risk

the capital asset pricing model capm relates the risk return trade-off of individual assets to market returns so that a

  Cross-cultural perspectives

Identify a global organization with a multinational presence. Identify and research a cultural issue that affects this organization's interactions outside the United States.

  Compute the present value of the income stream

Now compute the present value of the income stream from the gold mine at a discount rate of 6%, and at a discount rate of 4%.

  Calculate the npv and irr for each type of truck

Annual net cash flows include depreciation expenses. Calculate the NPV and IRR for each type of truck, and decide which to recommend.

  Compare the year-end short-term liquidity position of this

mixon companys year-end balance sheets show the following200620052004cash308003562536800accounts receivable

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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