Solution-How much more interest has charles earned than ben

How much more interest has charles earned than ben

Reference no: EM132384768

Ben invested $7,500 twenty years ago with a insurance company that has paid him 6 percent simple interest on his funds. Charles invested $7,500 twenty years ago in a fund that had paid him 6 percent interst compound annually. How much more interest has charles earned than Ben over the past 20 years?

Reference no: EM132384768

Questions Cloud

How much is the loan you can afford : Interest rates are currently at 4.5% for 30 year mortgages. How much is the loan you can afford? Use Calculator and List Steps.

Current rate on mhm corp 6-year corporate bond : The Wall Street Journal reports that the current rate on 6-year Treasury bonds is 5.95 percent, the rate on 13-year Treasury bonds is 6.35 percent

What is the value of the survey to you : What is the value of the survey to you? That is, the maximum amount you would be ready to pay to have the survey conducted? (Your answer should be positive)

Reverse discrimination can occur in any workplace : Reverse discrimination can occur in any workplace. What evidence was discovered against the workplace? What would you have decided?

How much more interest has charles earned than ben : How much more interest has charles earned than Ben over the past 20 years?

Pricing an interest rate swap : The one-year LIBOR rate is 3%, and the LIBOR forward rate for the 1-year to 2-year period is 3.2%, respectively. The three-year swap rate for a swap

Guidelines for a risk analysis for a business case : What are the necessary step by step guidelines for a risk analysis for a business case?

What is the degree of operating leverage of project : a) If sales increase by 10%, what will be an increase in pretax profits? b) What is the degree of operating leverage of this project?

Briefly discuss the problems related to fundamental analysis : Briefly discuss the problems related to fundamental analysis that are considered advantages for technical analysis. Discuss some disadvantages of technical

User Account

All Pages

How much more interest has charles earned than ben

Reference no: EM132384768

Reference no: EM132384768

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

If the firmrsquos sales all on credit are 40000000 and 45

How would you respond to the following comments

Sample of corporate executives

Identify what groups are protected from discrimination

What would its annual return be

What is the coefficient of variation on the companys stock

What characteristics of the bond market make it so reactive

What interest rate is the bank required by law to report

Compare the market capitalization to revenue ratio

Compute biocom cost of preferred stock

Compute loan yearly payment principal balance

What is the dollar size of the issue

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT