How many years will take to triple in value

Assignment Help Financial Accounting
Reference no: EM132503468

Question 1: If an amount is invested and earns interest of 3.9% p.a. compounded continuously, how many years will it take to triple in value? and provide the suitable example.

Reference no: EM132503468

Questions Cloud

Forces that move a market towards equilibrium : What are forces that move a market towards equilibrium?
What is the level of consumption c : The personal income tax rate t = 10%. If (private) saving in this economy S = $280, what is the level of consumption C?
What is the sample size : It is found that there is a 3.44% chance that a sample from this population has a journey time less than 42 minutes. What is the sample size?
HA2011 Management Accounting Assignment : HA2011 Management Accounting Assignment Help and Solution, Holmes Institute - Assessment Writing Service - Calculate the predetermined overhead rates
How many years will take to triple in value : If an amount is invested and earns interest of 3.9% p.a. compounded continuously, how many years will it take to triple in value?
What is the current account balance of economy : Consider an economy with the following information: real GDP Y= $60, C = $30, G = $12, I = $10, official settlement balance = 0, capital inflow = $8
Demonstrate what is net present value : After six months it is sold for online distribution for $1.5 million. Using an interest rate of 6% p.a. compounded monthly, what is its net present value?
European union and global economies : How does the Brexit event specifically impact England's, the European Union, and global economies?
Managing a global workforce : What are the political implications? What other challenges can you think of in managing a global workforce?

Reviews

Write a Review

Financial Accounting Questions & Answers

  FNSTPB401 Complete business activity statements Assignment

FNSTPB401 Complete business activity and instalment activity statements Assignment Help and Solution – Assessment Writing Service - BAS Summary Report

  Uses the fifo method of accounting for inventory

Fischer, Inc. had the following inventory in fiscal 2013. The company uses the FIFO method of accounting for inventory. Beginning Inventory, January 1, 2013: 130 units @ $10.00 Purchase 200 units @ $12.00 Purchase 50 units @ $9.00 Purchase 110 units ..

  What amount of loss should somer report as extraordinary

A review of the December 31, 2014, financial statements of Somer Corporation revealed that under the caption "extraordinary losses," Somer reported a total of $1,130,000. Ignoring income taxes, what amount of loss should Somer report as extraordinary..

  What are the total finance charges over that year period

a) What is the amount of their monthly payment if they borrow for four years? b) What are the total finance charges over that four year period?

  Montoya company has available the subsequent information

montoya company has available the subsequent information about its defined benefit pension plan for the year ended 31st

  What will effect be of overall transactions on report income

What will the effects be of the overall transactions on reported income for 2009? Why would Steinbach take these actions? Is this ethical? Why or why not?

  Highest contribution margin or contribution margin per hour

Assume that the scarce resource for the firm is time, that is if an hour more is spent on producing one more product, there would be an hour less spent on producing another product. The company should produce: highest contribution margin or con..

  What is the balance in the non controlling interest

What is the balance in the non controlling interest account on Palm's balance sheet on December 31, year 1?

  Why are inventories valued at the lower-of-cost-or market

Why are inventories valued at the lower-of-cost-or market? What are the arguments against the use of the LCM method of valuing inventories?

  Compute the companys total production cost

Compute the companys total production cost per unit if 25,000 units had been produced and why might a manager of a company using absorption costing produce more units than can currently be sold?

  A contingent liability is a potential liability

A contingent liability is a potential liability whose realization depends upon the future outcome of an event.

  What is the expected capital gains yield

What is the dividend yield for each of these four stocks - What is the expected capital gains yield for each of these four stocks?

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