How much was the initial investment

Assignment Help Business Economics

Reference no: EM131807765

Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology

A manufacturing company made an investment 10 years ago that is now worth $1,500,000. How much was the initial investment:

(a) at a simple interest rate of 10% per year?

(b) at an interest rate of 10% per year compounding annually?

Reference no: EM131807765

Questions Cloud

What is the optimal reorder point based upon using the eoq : What is the economic order quantity (EOQ) that will minimize inventory costs? What is the optimal reorder point based upon using the EOQ?

How much could be saved in interest charges : If the same sum of money could be borrowed for the same period at an interest rate of 12% per year, how much could be saved in interest charges?

Discuss what are the cash receipts for march : 50% in the month following, 25% in the second month following, and 5% uncollectible. What are the cash receipts for March

Prepare a cash flow table to represent situation : In addition to the $2500, she must pay 15% interest on the unpaid balance of the loan each year. Prepare a cash flow table to represent this situation.

How much was the initial investment : A manufacturing company made an investment 10 years ago that is now worth $1,500,000. How much was the initial investment:

Compute the companys first-year net income : Compute the company's first-year net income under both the cash basis and the accrual basis of accounting.

Exterior door under the existing simple costing system : Calculate the cost of an interior door and an exterior door under the existing simple costing system

Interest on savings deposits : The local bank offers to pay 5% interest on savings deposits. In a nearby town, the bank pays 1.25% per 3-month period (quarterly).

Explain what information appears on financial statements : Explain clearly to Liz what information appears on financial statements, as well as what information does not appear directly on the financial statements.

User Account

All Pages