User Account

All Pages

How much will you have in seven years

Assignment Help Accounting Basics
Reference no: EM133027743

Question - An investment pays 12% per year and you find it a good investment opportunity. So, you invest $400. (Assume compound interest)

(a) How much will you have in seven years?

(b) At the end of seven years, how much interest have you earned?

(c)  How much of that interest results from compounding?

Reference no: EM133027743

Questions Cloud

How much will bill need to save for one-years tuition : He will graduate from high school in five years. Roughly how much will Bill need to save for one-year's tuition to account for an annual rate of inflation of 3%
Explain the term off balance sheet financing : Question - Explain the term "off balance sheet financing" and why it is considered to be problematic. Provide a clear example of how this might occur
Prepare any necessary journal entries : For each date, prepare any necessary journal entries, if required. The market price on the date of declaration was $30 per share
Prepare an amortization table for the five-year notes : With proper format and headings, prepare an amortization table for the above-mentioned five-year notes from the inception day to June 30, 2021
How much will you have in seven years : An investment pays 12% per year and you find it a good investment opportunity. So, you invest $400. How much will you have in seven years
How many units were sold : An inventory at the end of December shows that 240 mufflers remain. How many units were sold? (Assuming no goods stolen or damaged)
Compare companies that offer similar computers : Compare based upon your chosen factors of comparison with the intent of purchasing 10 computers from that company.
What price do you need : If you want to earn a 10.6% return on your? investment, what price do you need if you expect to sell the share immediately after it pays the? dividend
What was the amount of taxes paid : You overheard a conversation at work about your company's 2019 Income Statement that indicated: COGS was 40% of revenues. What was the amount of taxes paid

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate total amount of accounts receivable written off

Calculate the total amount of accounts receivable written off in 2011. Calculate the accounts receivable balance on Dec. 31/10.

  What is advertising how many types of advertising

what is advertising?how many types of advertising?advertising is the most important?advertising is the most

  What will the investment generate

Further, the investment has an expected salvage value of $3,100. Given a desired rate of return of 12%, what will the investment generate

  Does anyone have the answersolution to the comprehensive

does anyone have the answersolution to the comprehensive problem chapter 3 to 7 for accounting principles by jerry j

  Advantages and disadvantages of being a corporation

Identify and discuss the major characteristics of a corporation, including the advantages and disadvantages of being a corporation.???

  What is the quick ratio

Souvenirs Pty ltd has a ratio of 3:1 and current liabilities of $15,000. if souvenirs Ltd has $10,000 of inventory, what is the quick ratio

  What is the purpose of establishing

What is the purpose of establishing an allowance for uncollectible property taxes at the time the property tax levy is recorded?

  The divisions book value and fair value less cost to sell

on october 28 2013 mercedes company committed to a plan to sell a division that qualified as a component of the entity

  Eld company is considering a long-term capital investment

eld company is considering a long-term capital investment project in laser equip- ment. this will require an investment

  What is the expected return of the share

The risk-free rate of return is 4.0% and the expected return on the market is 10.3%. What is the expected return of the share

  What is the total capitalized cost of the equipment

What is the total Capitalized Cost of the equipment? On June 28, Carpenter Corporation purchased equipment with a purchase price of $35,090

  Which statements regarding fixed costs is correct

Which statements regarding fixed costs is correct? Assumptions by accountants regarding the behavior of fixed costs rest heavily on the concept of the relevant

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd