How many years will it take an investment

Assignment Help Project Management

Reference no: EM131268404

1. Continuous compound interest. How many years (to two decimal places) will it take an investment of $35,000 to grow to $50,000 if it is invested at 4.75% compounded continuously?

2. Continuous compound interest. How many years (to two decimal places) will it take an investment of $17,000 to grow to $41,000 if it is invested at 2.95% compounded continuously?

Reference no: EM131268404

Questions Cloud

How long will it take money invested in given fund to double : Assume that money invested in this fund continues to earn 9.58% compounded annually. How long will it take money invested in this fund to double?

Story of detroit heyday : Tell the story of Detroit's Heyday in the 1990's. Give us an insight into what happened (the decisions, the failures, the poor planning) to precipitate the financial failure of 2013. End the story on a hopeful note, tell us what has been done and ..

Determine an upper bound on the probability : Assume that soft-decision decoding is performed on both codes. Determine an upper (union) bound on the probability of a bit error based on the minimum distance of the concatenated code.

Prepare the journal entry to record the exchange : The Pipeline Company recently traded in a pick-up truck or a newer model truck. The old truck’s book value was $1,000 and its fair value was $800. Pipeline paid $14,000 to complete the exchange. The exchange has commercial substance. Assume the same ..

How many years will it take an investment : How many years (to two decimal places) will it take an investment of $35,000 to grow to $50,000 if it is invested at 4.75% compounded continuously?

Determine the fraction of the total interference : Determine the fraction of the total interference that appears at the output of the correlator when the number of PN chips per bit is Lc.

Determine how best to distribute the merit pool : Calculate the 3% merit budget (merit pool is determined by computing 3% of the total salary of your team) - Compute each employee's compa-ratio

What was the final cost of warehouse : On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. What was the final cost of Dreamworld's warehouse?

Applying the concepts from the background materials : For the Module 3 SLP you will again be applying the concepts from the background materials to your own personal experiences. You can write about the same supervisor you wrote about in Modules 1 and 2, or choose a different supervisor that you work..

User Account

All Pages