How long was the money invested

Assignment Help Accounting Basics
Reference no: EM132829181

Question - Devon invited &270 at 1.95% simple interest. At the investment maturity, its value was $364.77. How long was the money invested?

Reference no: EM132829181

Questions Cloud

Can corporations-especially large ones-be innovative : Discuss whether the term "corporate entrepreneurship" an oxymoron? Can corporations-especially large ones-be innovative? Support your answer with examples.
Outline problems should be aware of and attempt to avoid : Outline at least four problems they should be aware of and attempt to avoid.You have been asked to advise the management team of a small trading business
What amount would ajax record for interest expense : The bonds mature on December 31, 2029 and were issued to yield 4% per annum. What amount would Ajax record for interest expense
What would welch record as annual amortization : The expected useful life of the asset is seven years. The lease term is five years. Using straight-line method, what would Welch record as annual amortization?
How long was the money invested : Devon invited &270 at 1.95% simple interest. At the investment maturity, its value was $364.77. How long was the money invested
What questions would you have related to wellsource inc : Pretend you are a member of the Board of Directors with significant data and security experience. How do you think you will respond to this wellness proposal?
What happens when the distance of the power changes : Power relationships are all around us and sometimes, they are easy because we know the distribution of power. But, what happens when the distance of that power.
Annual performance review process : What are the benefits and drawbacks associated with the annual performance review process, as it currently stands?
Prepare journal entries to record transactions for sailor co : Prepare the journal entries to record the transactions assuming any discounting of notes receivable is accounted for as conditional sale

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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