User Account

All Pages

Determine how long it takes for an investment

Assignment Help Financial Accounting
Reference no: EM133103029

Question - The questions are related to simple interest and compound interest.

Determine how long it takes for an investment of RM7000 at 7% per annum on simple interest earns as much interest as on investment  of RM7000 at 6% compounded annually 10 years.

A sum of money lent out at simple interest amounts to RM1008 in 2 years and RM1164 in 3 1/2 years. Find the rate % p.a.

Find the simple interest of RM 10,000 at a certain rate if the compound interest on the same amount for 3 years is RM 759.38.

Reference no: EM133103029

Questions Cloud

Role of information technology in globalization : Describe the role of information technology in globalization. Define the digital divide and explain Nielsen's three stages of the digital divide.
Change in international relation during covid-19 : How immigrant are affected because of the change in international relation during COVID-19. Relate to political environment, globalization and human rights.
Superior analysis and explanation of the factors driving : Superior analysis and explanation of the factors driving or hindering Mildura Fruit Juice in adopting particular market entry methods into Japan.
Virtual options does this scenario illustrate : When Sharon was hired for her new sales position, she was provided a laptop to take with her when she traveled. She would be able to work and meet potential cli
Determine how long it takes for an investment : Determine how long it takes for an investment of RM7000 at 7% per annum on simple interest earns as much interest as on investment of RM7000
Individual factor in organizational ethical decision making : How do moral philosophies influence the individual factor in organizational ethical decisionmaking
Improve interview performance : What specific steps will you take to improve your interview performance?
Determine the weighted average unit cost : Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase
Widespread ethical dilemmas within organizations : Why are we seeing more evidence of widespread ethical dilemmas within organizations?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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