How long will it take for her funds to triple

Assignment Help Finance Basics
Reference no: EM132541239

Wendy has 23,000.00 invested in a bank that pays 14.25% annually, How long will it take for her funds to triple?

Reference no: EM132541239

Questions Cloud

Why would a bond be sold on a premium or discount : Explain in a paragraph when and why would a bond be sold on a premium or discount? You may use graphs, equations, or other aids to assist your explanation.
Discussion Topic - Estate Planning : Discussion Topic - Estate Planning. Explain to Mr. Johnson at least four aspects of estate planning that can help minimize the taxes on his estate
What is the default risk premium associated : Although none of the bonds has a liquidity premium, any bond with a maturity equal to one year or greater has a maturity risk premium (MRP)
What is the depreciation expense : On October 1, 2021, Holt company places a new asset into service. What is the depreciation expense for 2021
How long will it take for her funds to triple : Wendy has 23,000.00 invested in a bank that pays 14.25% annually, How long will it take for her funds to triple?
What percentage of the contract price has been billed : If the first year percentage-of-completion of project #123 is 20%, then what percentage of the contract price has been billed so far
Production for an initial investment in equipment : Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $5.4 million.
What amount of accounts receivable should be presented : What amount of accounts receivable should be presented in the consolidated balance sheet at 31 December 2011
How much are you paying if the interest rate : The payments are paid annually, starting today. How much are you paying if the interest rate on the annuity is 5%?

Reviews

Write a Review

Finance Basics Questions & Answers

  Review problem on the new car

You have arranged for a loan on your new car that will require the first payment today. The loan is for $42,500, and the monthly payments are $730.

  Calculate the weighted average cost of capital

Calculate the weighted average cost of capital on the basis of historical market value weights.

  What is the value of the stock today

After that, the dividend is expected to increase in value by 3% annually/ What is the value of the stock today if the required return is 12%?

  Calculations of the future value

Stephanie, the calculations of the future value of $450 at the end of the third year are incorrect! Please refer to Weaver and Weston (2001).

  Bid-ask spread of penny stocks- your friend just told you

1. bid-ask spread of penny stocks- your friend just told you about a penny stock he purchased which increased in price

  Company depreciation and amortization expense

The company has $6,900 interest expense, and the corporate tax rate is 35 percent. What was the company's depreciation and amortization expense?

  What are the optimal weights for each of the seven stock

The risk-free interest rate is assumed to be 0.5 percent per month and you can take a short position in any stock market. What are the optimal weights for each of the seven stock markets? This problem can be solved using the MPTSolver.xls spreadsheet..

  Shao industries is considering a proposed project for its

shao industries is considering a proposed project for its capital budget. the company estimates that the projects npv

  Which security bond should you buy

You can invest in taxable bonds that are paying a 9.5 percent annual rate of return or a municipal bond paying a 7.75 percent annual rate of return.

  Whose advice should you follow

Assuming you have a choice between depreciation methods, whose advice should you follow? Why?

  List two kinds of government spending and give example

Listing Use a graphic organizer like the one below to list two kinds of government spending and provide three examples of each.

  What is double d after tax cost of debt

DoubleD believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 35%, what is Double D's after tax?

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