highest mount you can ow finance 2. We sometimes need to find how long it will...
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highest mount you can ow finance 2. We sometimes need to find how long it will take a sum of money (or anything else) to grow to some specified amount. Note that you should enter PV as a negative and FV as a positive. (a) For example, if a company's sales are growing at a rate of 5.28% per year, how long will it take sales to double? Show your answer to 2 decimals (x.xx years). If you are not sure how to work this, go back to this week's practice problems. Do not approximate using the "rule of "72". If you are in doubt here, go back to the lecture notes and practice problem 6 where double/tripling is discussed. Read the notes! y ni 000,004,12 new boy lem Smuzes a'tol won onanse silt gnigned (s) ve to (b) If you want an investment to triple in fourteen years, what interest rate must it earn? Show your tiz answer to 2 decimals (x.xx%). A llite ai stan jasotni Tay 06 10 dinom farsey 08 ni leog Toy dose of nobio ni dom 5,000 in Yourteen years to grow to 7. What ann di? Show your answer to 2 decimals (x.xx%) highest mount you can ow finance 2. We sometimes need to find how long it will take a sum of money (or anything else) to grow to some specified amount. Note that you should enter PV as a negative and FV as a positive. (a) For example, if a company's sales are growing at a rate of 5.28% per year, how long will it take sales to double? Show your answer to 2 decimals (x.xx years). If you are not sure how to work this, go back to this week's practice problems. Do not approximate using the "rule of "72". If you are in doubt here, go back to the lecture notes and practice problem 6 where double/tripling is discussed. Read the notes! y ni 000,004,12 new boy lem Smuzes a'tol won onanse silt gnigned (s) ve to (b) If you want an investment to triple in fourteen years, what interest rate must it earn? Show your tiz answer to 2 decimals (x.xx%). A llite ai stan jasotni Tay 06 10 dinom farsey 08 ni leog Toy dose of nobio ni dom 5,000 in Yourteen years to grow to 7. What ann di? Show your answer to 2 decimals (x.xx%)
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a To calculate how long it will take for the sales to double with a growth rate of 528 per year we c... View the full answer
Related Book For
Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
Posted Date:
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