What annual nominal rate of interest did investment earn

Assignment Help Business Management

Reference no: EM131268629

Continuous compound interest:-

A family paid $99,000 cash for a house. Fifteen years later, the house was sold for $195,000. If interest is compounded continuously, what annual nominal rate of interest did the original $99,000 investment earn?

Reference no: EM131268629

Questions Cloud

Logarithmic regression equation : A study of cigarette demand resulted in the following logarithmic regression equation:

What annual nominal rate of interest did nvestment earn : If interest is compounded continuously, what annual nominal rate of interest did the original $20,000 investment earn?

How do firms respond to a higher price : When there is an increase in demand, this will cause a higher price in the market. How do firms respond to a higher price?

Calculate mean return std and beta of the two portfolios : Calculate mean return, STD, and beta of the two portfolios: Portfolio A (90% in ^GSPC and 10% in DX), Portfolio B (90% in ^GSPC and 10% in IP). Must show your calculation by including the formulas you used.

What annual nominal rate of interest did investment earn : If interest is compounded continuously, what annual nominal rate of interest did the original $99,000 investment earn?

Variables influence the demand for a normal good : What variables influence the demand for a normal good? Explain why a reduction in the price of a normal good does not increase the demand for that good.

Earliest of theories about what makes leaders effective : According to equity theory, everyone who feels treated unfairly at work will seek other employment. The situational approach was the earliest of theories about what makes leaders effective. Contemporary management writers and practitioners generally ..

Perfect competition and equilibrium : Put the demand and supply curves together (at the original productivity and wages). Taylor assumes that she is in a perfectly competitive market. How many servings will she sell? At what price?

Create a project viewpoint capital budget : Under the assumptions tablesbelow, create a project viewpoint capital budget and a parent viewpoint capital budget. What do you conclude from your analysis?

User Account

All Pages