State the percentage rate to two places

Assignment Help Finance Basics
Reference no: EM132731582

You need to turn $13,825 dollars into $18,869 dollars in 9 years. Assuming you make no extra deposits, what interest rate would you need from a bank in order to accomplish this?

State the percentage rate to two places, and do not use the % symbol.

Reference no: EM132731582

Questions Cloud

Define flow as it relates to hip hop : In your own words, define 'flow' as it relates to hip hop. Is there a specific rapper who's flow you particularly like? What about their flow is appealing.
Net present value of cash flows-darrington inc : Darrington Inc. is evaluating an equipment purchase which requires an expenditure of $473 today followed by an inflow of $150 in year one
BUST10133 Decision Analytics Assignment : BUST10133 Decision Analytics Assignment Help and Solution, University of Edinburgh - Assessment Writing Service - Describe the properties of an absorbing state
Research the six fundamental human rights : In 500 words or more (no less), research the 6 fundamental human rights: The Right to Life, the Right to the Freedom from Harm, the Right to Free Thought.
State the percentage rate to two places : State the percentage rate to two places, and do not use the % symbol.
What overall argument is the author making : What overall argument is the author making? What specific examples does the author focus on in the reading? How is this argument being made?
What is the fair and present value of lease : You have a structured settlement but you need cash now... so you call J.G. Wentworth and they make you a low-ball offer that you reject.
What is the fair value of the stock : Assuming you won't pay more per share than a stock is worth, what is the fair value of the stock if the required return (rs) = 8.6 percent?
What is the payback for project to two significant places : The Mansford Co. Evaluates projects using payback. Suppose that a project requiring an outlay of $816 dollars is followed by the following inflows for the next

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