At an interest rate of 15% per year, an investment of $100,000 one year ago is equivalent

Question:

At an interest rate of 15% per year, an investment of $100,000 one year ago is equivalent to how much now?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

See More Books

Question Posted: Dec 17, 2012 05:30 AM

See More Questions

At an interest rate of 12%, the six-year discount factor is 507 How many dollars is $. 507 worth In six years if invested at 12%?
Ricky Ripovs Pawn Shop charges an interest rate of 15 percent per month on loans to its customers. Like all lenders, Ricky must report an APR to consumers. What rate should the shop report? What is...
Three-year bonds sell at an interest rate of 4.5%. 3.25-year bonds sell for 4.4%. You are sure for sure that in three months the price of both of them will be 4.7%. You can go short $200 million...
(a) Write the chemical reactions whose equilibrium constants are Kb and Ka for imidazole and imidazole hydrochloride, respectively.
In the first network that we analyzed, with the three resistors in series, we just added to get that they acted together like a single resistor of 10 ohms. We can do a similar thing for parallel...
What is the advantage to modular design?
The stock market Some people think that the behavior of the stock market in January predicts its behavior for the rest of the year. Take the explanatory variable x to be the percent change in a stock...
What amount did Apple report as Other comprehensive earnings in its consolidated statement of comprehensive income ending September 30, 2017? By what percentage did Apples Comprehensive income diff...
help pls thanks Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or...
The accounts of GrangerGranger Services Inc at JanuaryJanuary 31 20162016 are listed in alphabetical order LOADING Click the icon to view the accounts Requirements 1 Prepare the companys classified...
Construct a cash fl ow diagram that represents the amount of money that will be accumulated in 15 years from an investment of $40,000 now at an interest rate of 8% per year.
During a recession, the price of goods and services goes down because of low demand. A company that makes Ethernet adapters is planning to expand its production facility at a cost of $1,000,000 one...
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash. After those seven...
Adidas-Consumer Goods STEP ONE: MISSION: Mission statement core message that guides and influences your marketing strategy. Why is this company in business and what is the purpose of their...
You have been operating and growing your golf club for the last six (6) years. You are happy with the fact that all revenue streams (and as a result your share value) have continued to increase as...
Given the following HTML, write a simple bit of JavaScript code that will DELETE ALL OF THE TAGS ON THE PAGE. Quiz I'm a Heading I'm a paragraph I'm special I'm also a paragraph Footer! HINT: You'll...
Your company has been quite successful in sending employees on international assignments. As the HR Manager responsible for selecting such employees, present a report to the management of your...
You will be looking at a particular market in the economy. I will assign the market to you arbitrarily. Please look for at the end of this document to identify which market you will be responsible...
Why do insurers use mortality tables?
Use the information given about the angles and to find the exact value of: (a) sin( + ) (b) cos( + ) (c) sin( - ) (d) tan ( + ) (e) sin(2) (f) cos (2) (g) sin /2 (h) cos/2 cos = 4/5, 0 < < /2; cos =...
Which of the following results is not a possible output of this program? A. WEST is printed. B. south is printed. C. An ArrayIndexOutOfBoundsException is thrown at runtime. D. An...
Develop an estimate for the cost of washing and drying a 12-pound load of laundry. Remember to consider all the costs. Your time is worth nothing unless you have an opportunity to use it for making...
A water treatment plant was built in the year 2006 at a total cost of $2,000,000. Additional information is given in the accompanying table. a. Calculate a weighted index for water treatment plant...
The purchase price of a natural gas-fired commercial boiler (capacity X) was $181,000 eight years ago. Another boiler of the same basic design, except with capacity 1.42X, is currently being...
Simpson Ltd is a small IT company, which has 2 million shares outstanding and a share price of $20 per share. The management of Simpson plans to increase debt and suggests it will generate $3 million...
The following are the information of Chun Equipment Company for Year 2 . ( Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated. ) Salaries...
Alta Ski Company's inventory records contained the following information regarding its latest ski model. The company uses a periodic inventory system. Beginning inventory, January 1, 2018 1,250 units...

At an interest rate of 15% per year, an investment of $100,000 one year ago is equivalent

Question:

Step by Step Answer:

Given Principle Amount P 100000 Interest rate ...View the full answer

Engineering economy

Students also viewed these Economics questions