How long will it take to reach your goal

Assignment Help Finance Basics
Reference no: EM131367370

Finance Assignment

Find Number of Periods or Find Growth Rate

Upon graduating from college, you make an annual salary of $69,997. You set a goal to double it in the future. If your salary increases at an average annual rate of 3.34 percent, how long will it take to reach your goal?

Round the answer to two decimal places.

Reference no: EM131367370

Questions Cloud

Business process analyst for a fortune 50 financial firm : Assume you are a business process analyst for a Fortune 50 financial firm. This firm has recently purchased a bankrupt mortgage company and one of the first steps in incorporating this organization into the fold is to determine how they perform wo..
Discuss the nonlinearity of the generator model : Considering the motion equation of the rotor, the electrical rotational speed o of generator is also a state variable. Discuss the nonlinearity of the generator model according to this formula.
Discuss freud stages of psychosexual development : Discuss the differences between Freud's stages of psychosexual development and Erikson's stages of psychosocial development. What is still applicable today, what is not
Discuss for developing a universally usable interface : Building a user interface that meets the needs of a diverse population can be incredibly difficult. Research the best practices for developing a universally usable interface, as well as some of the federal legislation that applies (i.e., section 2..
How long will it take to reach your goal : Finance 330- Upon graduating from college, you make an annual salary of $69,997. You set a goal to double it in the future. If your salary increases at an average annual rate of 3.34 percent, how long will it take to reach your goal?
Formulate a goal programming model : A company assembles two types of small drones: Mini and Nano. The time to assemble a Mini is 8 hours and to assemble a Nano is 6 hours. The company has the following goals, in prioritized order: Formulate a Goal Programming model for this problem to ..
Main tenets of transformational leadership theory : Discuss the main tenets of Transformational Leadership Theory. Explain and provide examples. Please site reference.
What is the function of park conversion : Does the mutual inductance between stator winding and rotor winding vary with time, according to whether the generator is round-rotor or salient-pole?
Difference between fiscal and monetary policy : What is the difference between fiscal and monetary policy? What role does politics play in shaping these policies?

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