How long will it take to double an investment of $ 4,300 if the investment can generate
Question:
How long will it take to double an investment of $ 4,300 if the investment can generate an 8 percent return that is compounded semiannually?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
PV 4300 c 2 ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
Question Posted:
Students also viewed these Accounting questions
-
How long will it take to double your money at an interest rate that is < < 100% starting with the expression F = P(1 + r)N? ln(1 + r) r if r < < 1 and log (x) N = N log (x)
-
How long will it take to save $15 000 by making deposits of $90 at the end of every month into an account earning interest at 4% compounded quarterly?
-
How long will it take to build up a fund of $10 000 by saving $300 at the beginning of every 6 months at 4.5% compounded semi-annually?
-
The specifications for the water supply system of the Sears Tower in Chicago require that 100 gpm of water be pumped to a reservoir at the top of the tower, which is 340 m above street level. The...
-
The pie chart summarizes the genres of 193 movies shown in a suburban multiplex theatre in 2012. a) Is this an appropriate display for the genres? Why or why not? b) Which genre was least common?...
-
Using MATLAB, find the eigenvalues and eigenvectors of the following matrix: 3 -2 32 25 [A] = -2 0 5 -3 0-1
-
9. INVESTIGATION Agencies have broad investigatory powers and may use subpoenas and, in some cases, warrantless searches to obtain information. (pp. 92-94)
-
The following events apply to Montgomery Company for 2016, its first year of operation: 1. Received cash of $36,000 from the issue of common stock. 2. Performed $48,000 of services on account. 3....
-
Let us use the same example as in Exercise 1. All the numbers are the same. Required Calculate the present value of residual income for each week. You are the entrepreneur at time 0. You may use the...
-
a. Johnson plans to use the preceding ratios as the starting point for discussions with RR's operating team. Based on the data, does RR seem to be following a relaxed, moderate, or restricted current...
-
If $ 8,000 is invested today and will accumulate to $ 30,957.60 in 10 years, what annual interest rate compounded semiannually will generate this amount?
-
How much will an investment of $ 9,000 be worth at the end of five years if it earns? A. 3 percent interest compounded monthly? B. 4 percent interest compounded monthly? C. 3 percent interest...
-
Name and describe the main competencies that may be associated with a leaders effectiveness.
-
The price of IBA stock is $101. It will either increase by $10.2 or decrease by $8.5 at the end of month 1. If the price is up in the first month, it will either increase by $16.1 or decrease by $21...
-
"What are the functions and characteristics of the status registers, stack pointers, circular buffers, single repeat registers, and temporary registers in the C55x digital signal processor?"
-
With the rise of explainable AI (XAI),how can we design and analyze algorithms that not only achieve high performance on a specific task but can also demonstrably justify their decisions in a way...
-
A large multinational corporation with offices across the globe plans to implement Software-Defined Networking (SDN) to improve network agility and security.However,the corporation also relies on...
-
In a scenario with a large, distributed NoSQL database storing constantly changing sensor data from millions of IoT devices, how would you design a system to efficiently manage data consistency,...
-
A three-phase, three-wire, ABC system, with line voltage V BC = 311.1 0 V, has line currents Find the readings of wattmeters in lines (a) A and B, (b) B and C, and (c) A and C. IA = 61.5 /116.6 A IB...
-
Suppose that the laptop of Prob. 2.16 is placed in an insulating briefcase with a fully charged battery, but it does not go into sleep mode, and the battery discharges as if the laptop were in use....
-
A commercial steel pipe ( $\varepsilon=0.0018 \mathrm{in}$.) is $1 \frac{1}{2} \mathrm{in}$. Sch. 40 diameter, $50 \mathrm{ft}$ long, and includes one globe valve. If the pressure drop across the...
-
Selected accounts from the ledgers of Kaylee Frye Company at July 31 showed the following. InstructionsFrom the data prepare:(a) The single-column purchases journal for July.(b) The general journal...
-
Simon Products uses both special journals and a general journal as described in this chapter. Simon also posts customers? accounts in the accounts receivable subsidiary ledger. The postings for the...
-
Selected account balances for R. Tam Company at January 1, 2012, are presented below. Accounts Payable $14,000 Accounts Receivable 22,000 Cash 17,000 Inventory 13,500 R. Tams sales journal for...
-
**Audit Procedures for Research and Development Expenses:** Research and development (R&D) expenses represent the costs incurred by a company in conducting research activities aimed at developing new...
-
The "Great Divide" is best described as the lack of communication and coordination between the creation and management of demand and the fulfillment of demand. the lack of communication and...
-
How many days' time do you have to file a complaint with OSHA under their Whistleblower Act, if your employer has retaliated against you for reporting jobsite unsafe acts or conditions. 3 days 07...
Study smarter with the SolutionInn App