a. How much will an investment of $100 be worth at the end of 10 years if
Question:
a. How much will an investment of $100 be worth at the end of 10 years if invested at 15 percent a year simple interest?
b. How much will it be worth if invested at 15 percent a year compound interest?
c. How long will it take your investment to double its value at 15 percent compound interest?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
a Future value 100 15 10 250 b FV 100 11510 40460 c Let x equal the number of years required for the investment to double at 15 percent Then 100115x 2...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
Question Posted:
Students also viewed these Corporate Finance questions
-
How much will an investment of $100 be worth after 20 years if it increases in value by 25% in each of 10 years, but declines by 20% in each of the other 10 years?
-
How much will an investment of $ 10,000 be worth at the end of five years if it earns? A. 10 percent interest compounded annually? B. 10 percent interest compounded semiannually? C. 10 percent...
-
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...
-
A local university is considering changes to its class structure in an effort to increase professor productivity. The old schedule had each professor teaching 5 classes per week, with each class...
-
What two quantities are always conserved in all nuclear equations?
-
Describe the differences between an insurance agent and an insurance broker. Are these differences important to the insurance consumer?
-
Sherene Lynch opened a medical practice titled Sherene Lynch M.D., Inc. During January, the first month of operations, the business experienced the following events: Requirement 1. Analyze the...
-
Wayne Casting, Inc., produces a product made from a metal alloy. Wayne buys the alloy from two different suppliers, Chillicothe Metals and Ames Supply, in approximately equal amounts because of...
-
Category Billions of dollars Consumption 400 Investment 150 Government spending 80 Exports 210 Imports 60 Foreign income payments to domestic factors 20 Domestic income payments to foreign factors 10...
-
Using information about the following company, calculate the share premium / (discount) a private equity house will be willing to pay for the Company. Assume pre deal net debt is refinanced. Assume...
-
Recalculate the NPV of the office building venture in Section 3.1 at interest rates of 5, 10, and 15 percent. Plot the points on a graph with NPV on the vertical axis and the discount rates on the...
-
You own an oil pipeline which will generate a $2 million cash return over the coming year. The pipelines operating costs are negligible, and it is expected to last for a very long time....
-
Refer to Exercise 2.71. Prepare the cumulative frequency, cumulative relative frequency, and cumulative percentage distributions using the frequency distribution table constructed for the data of...
-
Which of the following statements is true? a. Lasso regularization and ridge regularization are different methods for standardizing variables. b. Lasso regularization may prevent overfitting of a...
-
0.3409 Use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile. Table 4-Standard Normal Distribution Arca Z 0 Z .09 .08 .07 .06 .05 .04...
-
How may bank output be measured?
-
What do you understand by type 1 and type 2 rationing?
-
What is financial intermediation? Demonstrate the welfare superiority of the introduction of financial intermediation.
-
A boat is propelled by an hydraulic jet. The inlet scoop has an area of \(0.5 \mathrm{ft}^{2}\), and the area of the exit duct is \(0.20 \mathrm{ft}^{2}\). Since the exit velocity will always be...
-
What is the difference between direct materials and indirect materials?
-
A voltaic cell, with E cell = 0.180 V, is constructed as follows: What is the K sp of Ag 3 PO 4 ? Ag(s) Ag (satd Ag3PO4)||Ag (0.140 M) Ag(s)
-
How much would it cost you to insure the bonds of Backwoods Chemical against default?
-
Use the BlackScholes model and redraw Figures (a) and (b) assuming that the standard deviation of the return on the firms assets is 40% a year. Do the calculations for 60% leverage only. What does...
-
Select the most appropriate term from within the parentheses: a. (High-grade utility bonds/Low-grade industrial bonds) generally have only light sinking-fund requirements. b. Collateral trust bonds...
-
You own a portfolio that is 25 percent invested in Stock X, 40 percent in Stock Y, and 35 percent in Stock Z. The expected returns on these three stocks are 10 percent, 13 percent, and 15 percent,...
-
Let's assume that the government decides that consumption of hamburger meat is harmful to the environment. As a result, they decide to implement a price floor of $10 on one pound of hamburger meat....
-
CRM First Assignment You have just been promoted to a managerial position in marketing at the company you work for. One of your oldest complaints is that the company has never invested in a CRM...
Study smarter with the SolutionInn App