User Account

All Pages

How long will take in years until thomas

Assignment Help Managerial Accounting
Reference no: EM133009947

Problem 1: Thomas has an investment fund that he hopes will be worth $5,000. He invested a total of $3,333 in the fund today. The fund is earning 7.00% annually. How long will it take (in years) until Thomas has his $5,000?

Group of answer choices

Option 1: -5.99 years (negative)

Option 2: 5.99 years

Option 3: 5.81 years

Option 4: 5.32 years

Reference no: EM133009947

Questions Cloud

How many years would erik have to wait : At a discount rate of 6.5% with quarterly compounding, how many years would Erik have to wait if he wanted to sell for the $24,000?
Monitor trends in the over or undersupply of labour : 1. Monitor trends in the over or undersupply of labour for areas in the external environment and provide a summary. As a guide, your response should be approxim
How many years has charlie owned the bear : Charlie just found out that his old beanie baby bear is worth. If the bear's worth grew by 55% annually, how many years has Charlie owned the bear?
Why is it that municipalities have different fees : Why is it that municipalities have different fees, practices, and turnaround time in processing business permits?
How long will take in years until thomas : He invested a total of $3,333 in the fund today. The fund is earning 7.00% annually. How long will it take (in years) until Thomas has his $5,000?
Reflect on current project management ethics : Demonstrate project leadership skills; identify and assess risk in designing and executing major projects and Reflect on current project management ethics
Examples of effective nonverbal communication techniques : Provide examples of effective nonverbal communication techniques (either by those you observed/watched or from those in the text) that you could use as a profes
What interest rate need to earn in order to become deca : What interest rate would you need to earn in order to become a deca-millionaire (worth $10,000,000) if you invested $1,000,000 today and wanted to be worth
Why is increased nurse retention high : Why is increased nurse retention high? And how would you prevent it from happening? What is your strategy to make nurses happy in the workforce, and what can he

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Ch has developed several formulas

Custom Homebuilders (CH) designs and constructs high-end homes on large lots owned by customers.

  1the management of melchiori corporation is considering the

1.the management of melchiori corporation is considering the purchase of a machine that would cost 520000 would last

  What predetermined overhead rate, as a percentage

From this information, what predetermined overhead rate, as a percentage of direct labour costs, does the company appear to be using?

  Compute the least squares regression line

Compute the least squares regression line. A custom jobber of speciality fibreglass-bodied cars wished to estimate overhead expenses

  Expects to maintain the same inventories

Wolsey Industries Inc. expects to maintain the same inventories at the end of 2014 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the vari..

  Estimate manufacturing costs for production levels

Estimate manufacturing costs for production levels of 13,000 units, 15,000 units, and 17,000 units per month

  Demonstrate the cost of ending work in process inventory

Demonstrate the cost of ending work in process inventory and the cost of units transferred out of the department during October using the FIFO method.

  What is net cash provided by operating activities

Which of the following would not be a component of cash flows from investing activities? a. Sale of land. b. Purchase of securities. c. Purchase of equipment. d. Dividends paid.

  Articulate measurement and management initiatives

Articulate measurement and management initiatives for a sustainability-focused business - Gekko-Eco Balanced Scorecard

  How managerial accounting differ from financial accounting

How is managerial accounting different from financial accounting? Comment on the different needs and use of financial information for internal purposes.

  Determine the amount of underapplied manufacturing overhead

The company actually incurred $260,000 of manufacturing overhead. Determine the amount of underapplied or overapplied manufacturing overhead for the period

  Prepare relational tables for each of entity namely customer

Prepare relational tables for each of the entities namely customer, inventory and employee. For each entity, provide THREE (3) relevant attributes

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd