How long does it take to double your money

Assignment Help Finance Basics
Reference no: EM132523297

At 6.5 percent interest, how long does it take to double your money? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Length of time years

At 6.5 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Length of time years

Reference no: EM132523297

Questions Cloud

Prepare the adjusting entries to report the investment : Instructions - Prepare the adjusting entries to report the investment. Indicate the statement (report) presentation of the account in your entry
Prepare the journal entries to record depreciation expense : Prepare the journal entries to record depreciation expense for 2015 and correct any errors made to date related to the information provided.
What is regular salary per pay period : Fred has an annual salary of $40,000.00. He is paid semi-monthly and his regular workweek is 40 hours. What is his regular salary per pay period?
Prepare journal entry at the date of the bond purchased : On January 1, 2019, Hero Corporation purchased 10% bonds having a maturity value of $500,000. Prepare journal entry at the date of the bond purchased
How long does it take to double your money : At 6.5 percent interest, how long does it take to double your money? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is the value of a share of bmi at the start : Suppose? BMI's,Estimate? BMI's EPS in 2009 and 2010?(before any share? repurchases). What is the value of a share of BMI at the start of 2009
Software and hardware : Research on what is a forensic read/write blocker and what is the difference between a hardware and a software version?
Compute the ending balance of accounts receivable : Scully Company had accounts receivable of €115,000 on January 1, 2020. Compute the ending balance of accounts receivable
What net amount of adjustments is required to reconcile : Under the indirect method, what net amount of adjustments is required to reconcile net income to net cash provided by operating activities?

Reviews

Write a Review

Finance Basics Questions & Answers

  Find the present value and duration of the obligation

Find the present value and duration of the obligation and What is the forward interest rate that applies from period 3 to period 5? That is, what is the value of f3,5? Assume annual compounding. (Keep your answer to 4 decimal places.)

  Calculating flotation costs

Suppose your company needs $35 million to build a new assembly line. Your target debt-equity ratio is .75. The flotation cost for new equity is 6 percent, but the flotation cost for debt is only 2 percent. Your boss has decided to fund the project..

  What is the real risk-free interest rate

(Interest rate determination) If the 10-year Treasury bond rate is 4.9%, the inflation premium is 2.1%, and the maturity-risk premium on 10-year Treasury bonds.

  Member of the treasury department

Who are they? Based on the current term (upward-sloping) structure of interest, and current short-term and long-term interest rates, what would be your strategy as a member of the treasury department of any of these corporations? Why?

  Analyze advantages associated with a floating exchange rate

Analyze the major advantages and disadvantages associated with a floating exchange rate system in Thailand. Determine the central manner in which a floating exchange rate system affects companies such as Blades.

  What are the stated objectives

What are the stated objectives of the 2 a fore mentioned institutions?

  What interest rate is the mortgage company charging you

A mortgage company offers to lend you $85,000; the loan calls for payments of $8,538.98 at the end of each year for 30 years. What interest rate is the mortgage company charging you? Round your answer to two decimal places.

  Explain why you chose two of your securities

Explain why you chose 2 of your securities. Discuss your alpha, beta and Sharpe measures for your portfolio and what they mean about how your portfolio performed.

  Prepare a report for the couple answering the issues

FIN2IFP Introduction to Financial Planning - what price range is the couple reasonably able to afford and accordingly how much will they be required to borrow from a bank?

  What types of assets are defined as cash in accounting

Many people think of cash as coins and notes. In accounting cash has a broader meaning. What types of assets are defined as cash in accounting?

  If a mutual fund consists of an initial nav of 20 at the

if a mutual fund has an initial nav of 20 at the start of the month makes income distribution of 0.15 and capital gain

  Decline in the demand for funds in the future

What lessons may be learned from the credit crisis that could prevent such an abrupt decline in the demand for funds in the future?

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