How much would it be worth at the end of years

Assignment Help Accounting Basics
Reference no: EM133166886

Question - You purchase $1500 worth of stock and hold it for 20 years. If this investment appreciates at an annual rate of 4%, how much would it be worth at the end of 20 years?

a. $3642

b. $3784

c. $3533

d. $3287

e. $3980

Reference no: EM133166886

Questions Cloud

Prepare the statement of profit or loss for jelly bean : Depreciate the motor vehicle at 10% on the straight line and fixtures & fittings 10% reducing balance. Prepare the Statement of profit or loss for Jelly Bean
Describe the organisational requirements : Briefly describe the following organisational requirements relevant to workplace communication including their digital form
Analyse the impact of the king reports : The King Reports on Corporate Governance were ground-breaking codes of corporate governance in South Africa issued by the King Committee on Corporate Governance
Discussion on the importance for south africa : Provide a comprehensive discussion on the importance for South Africa to favour private enforcement as opposed to public enforcement to enhance corporate govern
How much would it be worth at the end of years : You purchase $1500 worth of stock and hold it for 20 years. If this investment appreciates at an annual rate of 4%, how much would it be worth at the end
How do businesses approach issues : In the dynamic e-business strategy model, the knowledge building (KB) phase is important to create new customer value. Explain two (2) major issues that need to
Compute the normal and abnormal spoilage in units : Compute the normal and abnormal spoilage in units, assuming the inspection point is at (a) the 15% stage of completion
Local community of the township of whittlesea : 1. You are a community worker at City of Whittlesea Council and you are meeting with a group of people from the local community of the township of Whittlesea fo
Principles of good corporate governance : Direction: Illustrate and explain the scenario wherein there are no businesses (small or big) in your area

Reviews

Write a Review

Accounting Basics Questions & Answers

  How was the net present value concept illustrated

How did the example illustrate the time value of money concept? How was the Net Present Value concept illustrated? How was the payback period determined?

  Compute her net pay for the eight day work paid on February

Assume that Lyn Addie is an unmarried employee. Compute her net pay for the eight days' work paid on February 26

  Determine Weston cost recovery

Weston acquires a new office machine (7-year class asset) on August 2, 2017, for $75,000. Determine Weston's cost recovery for 2017 and 2018

  What is the amount of compensating balance would be required

What is the amount of compensating balance would be required for a nominal interest rate of 12% to equal an effective interest rate of 14.40% on a P150,000

  Determine nathan share of the unrealized gain

Nathan Inc. sold $180,000 in inventory to Miller Co. during 20X0 for $250,000. Determine Nathan's share of the unrealized gain at the end of 20X0

  How can managers use job cost sheets

List the three types of costs that are typically recorded on a job cost sheet. How can managers use job cost sheets?

  Jesper parnevik borrowed 90510 on march 1 2012 this amount

jesper parnevik borrowed 90510 on march 1 2012. this amount plus accrued interest at 12 compounded semiannually is to

  On december 1 martin company signed a 5000 3-month 6 note

1. on december 1 martin company signed a 5000 3-month 6 note payable with the principle plus interest due on march 1 of

  Prepare a classified balance sheet for spot lighter inc

Given the transactions in M2- 9 (including the sample), prepare a classified balance sheet for Spot-lighter, Inc., as of January 31. a. (Sample) Borrowed $ 3,940 from a local bank on a note due in six months. b. Received $ 4,630 cash from investors a..

  Plot a graph for the variable manufacturing costs

Plot a graph for the variable manufacturing costs and a second for the fixed manufacturing costs per month. What is the variable manufacturing cost per vehicle

  Make the journal entries that Bridgeport should record

The equipment has an estimated useful life of 7 years, Make the journal entries, that Bridgeport should record on December 31, 2021

  Compute the amount of phantom profit that would result

Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO

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