Percent simple interest

Assignment Help Finance Basics
Reference no: EM131101139

Gerold invested $118 in an account that pays 6 percent simple interest. How much money will he have at the end of 6 years?

  • $160.48
  • $147.50
  • $152.46
  • $166.90
  • $153.40

Reference no: EM131101139

Questions Cloud

Draw a logic diagram for your circuit : E15: Fundamentals of Digital Systems - Fall 2010 - EXAM 2 PRACTICE. Draw a logic diagram for your circuit, including any necessary gates and flip-flops. You may omit the clock and reset lines for clarity. Your circuit's outputs should directly depe..
What issues zulima and joseph like to face in american court : Shortly thereafter, Joseph arrives in America and successfully recuses his daughter. Zulima and her father then sue Salim in an American court for the return of the $420. What issues are Zulima and Joseph likely to face in an American court?
Calculate the irr, the npv, and the mirr for each project : Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $17,100, and that for the pulley system is $22,..
Operating at a negative to you still get taxed : Interest 60000and tax rate 35%. What is net loss and what is operating cash flow.? So, I calculated EBIT - 155000, EBT - 215000 Here should taxes be 35% of EBT? Confused . If you are operating at a negative to you still get taxed?
Percent simple interest : Gerold invested $118 in an account that pays 6 percent simple interest. How much money will he have at the end of 6 years?
Cross rate between euro and british pound : The exchange rate between Us dollar and Euro is: €1 = $1. 35 and the exchange rate between British pound and US dollar is £1 = $1.40. What is the cross rate between Euro and British pound?
Discuss whether andrew has any liability for the loss : Discuss whether Andrew has any liability for the $30,000 loss; and Whether Andrew and/or Brandon has/have any liability for purchasing excessive stock and causing AHPL to become insolvent;
What are the two projects’ net present values : Your division is considering two investment projects, each of which requires an up-front expenditure of $15 million. You estimate that the investments will produce the following net cash flows:What are the two projects’ net present values, assuming t..
Value of the shareholder equity account : What is the value of the shareholders' equity account for this firm? How much is net working capital?

Reviews

Write a Review

Finance Basics Questions & Answers

  The price of the stock declines

Suppose the price of the stock declines, and the put is exercised ( i. e., you have to buy the stock). Since the option is exercised, what is your cost basis of the stock? Compare this cost basis to your initially buying the stock instead of selling ..

  An unlevered firm has a value of 500 million an otherwise

an unlevered firm has a value of 500 million. an otherwise identical but levered firm has 50 million in debt. under the

  Develop a three page analysis excluding the title page and

develop a three page analysis excluding the title page and reference pages on the projected return on investment for

  Free cash flow determination utilizing income statement

Free cash Flow determination utilizing income Statement and Balance sheets and Calculate EMC's value of operations

  Calculate the effective annual rate

You take out a loan to buy a brand new car. The finance guy at the car dealership tells you the APR is 8%. Calculate the Effective Annual Rate (EAR) if the interest compounds annually, quarterly, monthly AND continuously.

  Determine the mean return and standard deviation

Assume the following represents the historical returns for Microsoft and Lotus Development Company, determine the mean return for Microsoft and Lotus?

  Briefly discuss your reaction to the numerous financial term

Briefly discuss your reaction to the numerous financial terms and the complexity of reporting required in health care. What would your level of comfort be in a discussion with a CFO regarding the key measurements used.

  What you see to be the most important economic policy

From your knowledge of current events, discuss what you see to be the most important economic policy of today. State your rationale for choosing this economic policy.

  Assume that rex corp is operating at a capital intensity

assume that rex corp. is operating at a capital intensity ratio of 63.5 percent and is able to generate net sales of

  Essay on the influence of entrepreneurship in health care

Write a 1,050-word essay on the influence of entrepreneurship in health care. Include the following in your essay:

  Did charless net income as a percent of sales increase

vertical analysis common size percentages for charles companys sales cost of goods sold and expenses are shown

  Find the price for imm

Underwood Industries just paid a dividend of $1.45 each share. The dividends are expected to grow at 25 percent rate for the next eight years and then level off to a 7 percent growth rate indefinitely.

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