How many years will it take for 490 to grow

Assignment Help Finance Basics
Reference no: EM132235019

How many years will it take for 490 to grow to ?1,083.43 if? it's invested at 8 percent compounded? annually?

The number of years it will take for ?$490 to grow to $1,083.43 at 8 percent compounded annually is ___ years. ? (Round to one decimal? place.)

Reference no: EM132235019

Questions Cloud

What forms of technology can be used to reduce hunger : What forms of technology can be used to reduce hunger and improve food security? Explain how these technical solutions can do that.
Describe the system you propose to model with a harmonic : carefully describe the system you propose to model with a harmonic oscillator equation. State the dependent variable and describe the rest position, the restoring force, and the damping. Address the three items above in the form of a short essay. In ..
Determine whether the machine should : (a) Determine whether the machine should be replaced using the NPV criterion
Require exporters to obtain special permission : Most countries create a list of “hostile” countries that require exporters to obtain special permission before the export is allowed to proceed.
How many years will it take for 490 to grow : How many years will it take for 490 to grow to ?1,083.43 if? it's invested at 8 percent compounded? annually?
What amount of cash will be received during december : The sales for October, November and December are $20,000, $24,000 and $36,000 , respectively. For any particular month of sales, the following percentages
What is cost of avoiding difficult or stressful conversation : What is the cost of avoiding a difficult or stressful conversation? At the workplace, avoiding such conversations can lead to absenteeism, low morale,
Expiration date and the same exercise price : The two options have the same expiration date and the same exercise price of $50. If the stock price is $51, what is your net income?
What is the balance in your margin account : What is the balance in your margin account at the end of Wednesday?

Reviews

Write a Review

Finance Basics Questions & Answers

  How would invention and technological improvement

Further, assume that natural resources are being rapidly depleted. What would happen to the Production Possibility Frontier over time. How would invention and technological improvement.

  Way there with buying reit

If a goal of ours is to average 7% on our investment portfolio and REIT's pay 5%, just in dividends, wouldn't it be easier to get the 7% knowing

  What is the present value of this commitment

what is the present value of this commitment? Joe began purchasing flowers the week after Marilyn died.

  How would one get this information

how might one start including more cost-based financial information in a decision-making processes? is the information needed available today? If not, how would one get this information?

  Way of sharing ideas and experiences

Communication is our way of sharing ideas and experiences with other individuals, groups, and institutions. Public relations is very much a communication process and effective communication is at the core of strategic public relations practice.

  What is the aftertax salvage value from the sale

Edward's Manufactured Homes purchased some machinery 2 years ago for $51,000. The assets are classified as 5-year property for MACRS.

  Outline the monetary system used in this country

Outline the monetary system used in this country.-   How does the Federal Reserve increase the money supply?

  T is your aftertax yield on this bond

Miletus Bronze Works has an outstanding bond that pays 9.64 percent interest. You are in the 37 percent tax bracket.

  What is the weighted average cost of capital

What is the weighted average cost of capital (WACC), and how is it calculated?

  Difference in interest rate to friend

Your friend has been in business for two years, and last year he had a loss of $2,000. How can you explain this difference in interest rate to your friend?

  Good management information system

An organization does not have a good Management Information System (MIS) in place to help manage all of their data. What are some of the possible problems this could cause for decision makers?

  A condition of participation

In general, a qualified plan cannot require, as a condition of participation, an employee to complete a period of service with the employer extending beyond the later of the date on which the employee completes 1 year of service or reaches age

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