How long will it take to double your money

Assignment Help Finance Basics
Reference no: EM13288106

If you deposit money today in an account that pays 12.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.

Reference no: EM13288106

Questions Cloud

Explain oxygen in lakes high in the rocky mountains : The solubility of oxygen in lakes high in the rocky mountains is affected by the altitude. If the solubility of O2 from the air is 2.67 x 10^-4 M ar sea level (1.00 atm) and 25 degrees C
What is the net force exerted on the car : during a racing event a 110 kg car accelerates from 0 to 29 m/s in 4.3 seconds. what is the net force exerted on the car
Define calculate the value of ksp : For the Ca2+ and F- ions, write the mathematical relations defining activity of each ion in terms of its concentration and activity coefficient. e) Based on your answers above, derive a relationship for Ksp' in terms of Kspo and activity coefficie..
Draw ladder diagram to open gate after momentary closure : Each limit switch has one normally open, NO, contact and onenormally closed, NC, contact. Two control relays, CR1 and CR2, areused in the gate control circuit. These relays have two NO contactsand two NC contacts. A NO pushbutton START switch is u..
How long will it take to double your money : If you deposit money today in an account that pays 12.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.
State the following reaction : Consider the following reaction- 2 A(g) + B(g) 3 C(g) + D(g) please determine Kc if 6.0 moles of A is added to 6.0 moles of B in a 2.0 L yields 0.10 moles of D at equilibrium.
What annual interest rate must they earn : What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places.
Calculate value of each investment based on required rate : Assume Emerson Electric's managers expect an earnings downturn and a resulting decrease in growth of 3 percent. How does this affect your answers to parts a and b?
Define the chemical equation corresponding to ksp : Consider a saturated solution of calcium fluoride in 0.092 M potassium nitrate. Complete the following tasks, and then answer the question. a) Write the chemical equation corresponding to Ksp.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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