Find t rounded to 2 decimal places

Assignment Help Finance Basics
Reference no: EM132504631

An investment account earns 9% compounded monthly. An initial investment of $1300 (present value) grows to $32500 (future value) in t years. Find t rounded to 2 decimal places.

Reference no: EM132504631

Questions Cloud

Calculate after-tax cash flow at disposal : Genetic Insights has a tax rate of 30%. The asset is sold at the end of six years for $4,214.
What component cost of debt should be used : To help finance a major expansion, Miami Development, Inc. sold a noncallable bond several years ago that now has 10 years to maturity. This bond has a 9.50% an
How much should boy retained earning be adjusted at december : Ignoring income taxes, by how much should Boy's retained earnings be adjusted at December 31, 2032? What Effect of Errors on Retained Earnings.
After-tax and after-inflation rate of return : Assuming that she could earn a 4% after-tax and after-inflation rate of return on their investments, did she save enough?
Find t rounded to 2 decimal places : An initial investment of $1300 (present value) grows to $32500 (future value) in t years. Find t rounded to 2 decimal places.
How an investors financial statement would differ : How an investors' financial statement would differ between assessing they have control over investee and assessing they have significantly influence
Will portfolio remain immunized after one year has passed : In relation to the time left in the investor's investment horizon (six years), describe what you think the duration will be after one year has passed.
Evaluating a new promotional campaign : Compute the coefficient of variation. (Do not round intermediate calculations. Round your answer to 3 decimal places.) evaluating a new promotional campaign
What is the cost of equity from new common stock : Landmark, Inc. hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: its most recently paid divid

Reviews

Write a Review

Finance Basics Questions & Answers

  Describe the principal types of assets and funds sources

What principal types of assets and funds sources do nonbank thrifts (including savings banks, savings and loans, and credit unions) draw upon?

  What is the standard deviation of the stock returns

Calculating Returns and Variability. You find a certain stock that had returns of 17 percent, -13 percent, 26 percent, and 8 percent for four of the last five.

  Explain the bond-yield-plus-risk-premium method

Rollins Corporation is constructing its MCC schedule. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity.

  Calculate npv and irr for project-south tel communications

Assume that South Tel has sufficient taxable income from other projects so that it can expense the cost of the software immediately.

  Estimate the mean weight of cream filling

However, the quality control inspectors wish to estimate the mean weight of cream filling more accurately so that they can be 99% confident that it is within 0.25 grams of the true mean. How many donuts should they sample?

  Explain how economic transactions between household savers

Explain how economic transactions between household savers of funds and corporate users of funds would occur in a world without financial institutions.

  What is the cross-exchange rate between the yen and the

a currency trader observes that in the spot exchange market 1 u.s. dollar can be exchanged for 9 mexican pesos or for

  What characteristics of the board of directors

What characteristics of the board of directors usually lead to effective corporate governance? What are three provisions in the corporate charter.

  Security and otherwise completely equivalent tips

Consider a normal UST security and otherwise completely equivalent TIPS. Which one should carry a higher yield, the TIPS or the nominal UST security? Explain.

  When you sell the bond-calculate your return

You hold the bond for one year and then sell it. If similar bonds are yielding 6% when you sell the bond, calculate your return.

  As a member of the finance department of ranch

as a member of the finance department of ranch manufacturing your supervisor has asked you to compute the appropriate

  Give the entries of the bond through december

The bonds yield 10% On October 1, 2015, Titania buys back $120,000 worth of the bonds for $126,000 (includes accrued interest). Give the entries through December 31, 2016.

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