How long will it take for her funds to triple

Reference no: EM13256100

Janice has $5000 invested in a bank that pays 8.8% annually. How long will it take for her funds to triple?

Reference no: EM13256100

Questions Cloud

Compute the partial pressure of hbr at equilibrium : Calculate the partial pressure (in atm) of HBr at equilibrium when 5.00 atm of CH3Br and 5.00 atm of H2O react at 1000 K according to the following chemical equation

What is the gain or loss on the futures contract : The face value of the bond is $1000, and the semi-annual coupon payments are $30. The annual coupon rate on the bonds is $60 per bond (or 6%). The futures contract has 100 bonds.

How does boeing achieve a cash cycle of negative 100 days : Why is Amazon's cash cycle so much shorter than that of competitor Barnes & Noble? How does this comparison affect financial management decisions of other retailers?

What is the target''s speed just after the bullet emerges : A tennis player swings her 1000 g racket with a speed of 12.0m/s . She hits a 60 g tennis ball that was approaching her at a speed of 10.0m/s, What is the target's speed just after the bullet emerges

How long will it take for her funds to triple : Janice has $5000 invested in a bank that pays 8.8% annually. How long will it take for her funds to triple?

Calculate the payback period, the npv and the irr : The new clubs will also require an increase in net working capital of $1,400,000 that will be returned at the end of the project. The tax rate is 40 percent, and the cost of capital is 14 percent.

What is the inductance of the inductor : An ac generator has a frequency of 7.4 kHz and a voltage of 41 V. When an inductor is connected between the terminals of this generator, What is the inductance of the inductor

Explain components are glycerol and butanoic acid : Draw the fat molecule whose components are glycerol and butanoic acid. You may omit hydrogen atoms.

Calculate the accounting break-even point : Calculate the base-case cash flow and NPV. What is the sensitivity of NPV to changes in the sales figure? Explain what your answer tells you about a 500-unit decrease in projected sales.

User Account

All Pages