Calculating the number of periods

Assignment Help Financial Management

Reference no: EM131599949

Calculating the Number of Periods

You can earn .40 percent per month at your bank.

If you deposit $2,300, how long must you wait until your account has grown to $4,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Number of months

Reference no: EM131599949

Questions Cloud

What is their weighted average cost of capital : If Excel’s weighted average tax rate is 39 percent and its cost of equity is 15 percent, what is their weighted average cost of capital.

Describe the steps you would take to short sell the stock : How would thw stock price change to make profit ? Describe the steps you would take to short sell the stock.

Accrued interest due to seller from the buyer at settlement : On October 5, 2015, you purchase $10,000 T-note that matures on August 15, 2027. Calculate the accrued interest due to the seller from the buyer at settlement.

What is the initial margin related to the transaction : What is the initial margin related to the transaction? If the stock decline to $25per share. what would the equity value of your account be ?

Calculating the number of periods : You can earn .40 percent per month at your bank. If you deposit $2,300, how long must you wait until your account has grown to $4,000?

What is the average collection period : What is the average collection period? what is its average balance sheet amount in accounts receivable?

What is the maximum sustainable growth rate for this company : What is the dividend payout ratio? What is the maximum sustainable growth rate for this company?

Future value between five-year ordinary annuity : What is the difference in the future value between a 5-year ordinary annuity and a 5-year annuity due?

Components in building good model is raw historical data : One of the components in building a good model is raw historical data. Should this part of the model be hard coded numbers or formulas?

User Account

All Pages