Use the rounded numbers in intermediate calculations

Assignment Help Finance Basics
Reference no: EM13293052

Solve for the unknown interest rate in each of the following (Do not include the percent signs (%). Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)):


Present Value Years Interest Rate Future Value
$ 715 6 % $ 1,381
905 7 % 1,718
15,000 18 % 141,832
70,300 21 % 312,815

 

Reference no: EM13293052

Questions Cloud

Find magnetic field intensity using the concept of vector : Find the magnetic field intensity using the concept of vector magnetic potential for plane z = 0 carrying uniform current K =Ky ayz.
Find the power delivered to the customer : An electric utility company supplies a customer's house from the main power lines (120 V) with two copper wires, find the power delivered to the customer
Find the velocity of an electron with the fermi energy : The fermi level for the conductor is 5.6e.V. There are 5.8x1028 free electrons /m3. Find the (a) mobility and relaxation time of electrons ,(b)Average drift velocity of the electrons when the applied electricfield is 1.5 V.- cm-1, (c)Mean free pat..
Obtain the temperature of the filament when the bulb is on : A common flashlight bulb is rated at 0.300 A and 2.80 V (the values of the current and voltage under operating conditions). what is the temperature of the filament when the bulb is on
Use the rounded numbers in intermediate calculations : Solve for the unknown interest rate in each of the following (Do not include the percent signs (%). Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations.
Find a firm long - term investments is called : Determining the best way to raise money to find a firm's long - term investments is called?
Which of categories of owners enjoy limited liability : Which of the following categories of owners enjoy limited liability?
Calculate the recoil angle of mass : Imagine a perfectly elastic collision between to masses. Mass m1 is moving horizontally to the right at v0 towards mass m2. Calculate the recoil angle of m2 and the recoil speed of m2
Discuss which display technologies would be most appropriate : Discuss which display technologies would be most appropriate for viewing DVD movies in the following situations. (i) A home entertainment system in a living room (ii) A personal seat-mounted display on an aircraft

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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