Amount of initial investment

Assignment Help Finance Basics
Reference no: EM131166086

You invested in classic cars 7 years ago. You have earned an average compounded annual rate of 22 percent. The investment is now worth $350,000. What was the amount of your initial investment?

Reference no: EM131166086

Questions Cloud

Develop a plan for estimating the project : Develop a plan for estimating the project. How long do you think it would take for you and three other students to complete the project? Provide support for the schedule that you propose.
What is tender of performance in connection with a contract : What was the result in the Ethics Spotlight in the book in which "Kurupt" was allegedly induced by Death Row Records to breach an exclusive recording agreement with the Brumfield?
What are the major types of animal tissue : What is the logical order in which the concepts of molecules, atoms, cells... up to biosphere are associated?
How many allowable moves are needed to move the disks : Describe the strategy you have used or would use in a recursive program to solve this problem.
Amount of initial investment : You invested in classic cars 7 years ago. You have earned an average compounded annual rate of 22 percent. The investment is now worth $350,000. What was the amount of your initial investment?
Amount of the current liabilities : The Corner Shoppe has a current ratio of 1.4, net fixed assets of $26,800, and total assets of $32,400. What is the amount of the current liabilities?
Determine the present value : Determine the future value (FV) of this annuity if your first $5,000 is invested at the end of the first year.- Determine the present value.
Develop a C program for Linux called pipes : In the main() function, it creates a pipe using the pipe() function, then creates two child processes with fork(). Child 1 redirects stdout to the write end of the pipe and then executes with execlp() the "ls -al" command. Child 2 redirects its input..
What is a recurrence for the running time of select1 : Let T(n) be the running time of the modified Select1 on n items. How can you express the running time of Magic Middle in terms of T(n)?

Reviews

Write a Review

Finance Basics Questions & Answers

  Computation of equivalent annual cash flows

Computation of Equivalent Annual cash flows where Negative amount should be indicated by a minus sign

  What effective annual rate does the bank pay

If a bank pays a 6% nominal rate, with monthly compounding, on deposits, what effective annual rate does the bank pay?

  What is jaster market/book ratio

It has 900 million shares of common stock outstanding, and its stock price is $29 per share. What is Jaster's market/book ratio? Round your answer to two decimal places.

  What is the initial cost of the position

What is the initial cost of the position? What is the value of the position after 6 months? What is the implicit interest rate in these cash ?ows over 6 months?

  What is the minimum cash balance

A firm has an ending cash balance of $1,700 and a cumulative surplus of $1,300. What is the minimum cash balance?

  If the present price of the bonds is 106565 determine the

trevor price bought 10-year bonds issued by harvest foods five years ago for 986.77. the bonds make semiannual coupon

  What inventory model

1. What inventory model is appropriate for this model? 2. How many bottles should be ordered during that particular visit?

  What should the stock price be today

If the discount rate is 15% and the steady growth rate after 3 years is 4%, what should the stock price be today?

  What would happen to the confidence index

Suppose Baa-rated bonds currently yield 7.5%, while Aa-rated bonds yield 5.5%. Now suppose that due to an increase in the expected inflation rate, the yields on both bonds increase by 1.0%. What would happen to the confidence index? (Round your answe..

  Which of the following statements is correct regarding the

which of the following statements is correct regarding the effects of interest rate shift on fixed-income portfolios

  What will knox corp.s net income be for 2011

Depreciation expense will be $2,500, interest expense $1,500, and other expenses will be $3,000. Wessel's tax rate is 35%. What will Knox Corp.'s net income be for 2011?

  What rate of return is the buyer expecting

He has been offered $25,778,500 to sell his ticket. What rate of return is the buyer expecting to make if Andy accepts the offer?

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