Candice Willis will invest $30,000 today. She needs $150,000 in 21 years. What annual interest rate must
Question:
Candice Willis will invest $30,000 today. She needs $150,000 in 21 years. What annual interest rate must she earn?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
FV PV FVF 21 i PV FV PVF 21 i OR 150000 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
She is considering two assets a beach house which cost 150 000 when she purchased it 20 years ago and which now has a fair market value of 500 000 and stock in Big
-
What annual interest rate would you need to earn if you wanted a $1,000 per month contribution to grow to $75,000 in six years?
-
What annual interest rate would you need to earn if you wanted a $600 per month contribution to grow to $45,000 in six years?
-
Shalom Company projects the following operating results next year: Produced 70,000 units Sales 60,000 units Sales price 10 per unit Total fixed cost 300,000 per year Total variable cost 20% of sales...
-
The balance in the supplies account, before adjustment at the end of the year, is $4,850. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $880?
-
Helen, Ian and Jane have formed a joint venture to grow and sell vegetables. The vegetables will be grown on land owned by Helen. Ian will help with the cultivation and harvesting of the vegetables....
-
(h) Plot the shrunk mean for each family obtained from the control plants against the corresponding value obtained from the vernalized plants. Comment on the relationship between the two sets of...
-
The income statement and the cash flows from the operating activities section of the statement of cash flows are provided below for Syntric Company. The merchandise inventory account balance neither...
-
A company reported net income during the year of $90,000 and paid dividends of $15,000 to its common stockholders and $10,000 to its preferred stockholders. During the year, 20,000 shares of common...
-
Please complete the Express Catering, Inc.s 2014 tax return based upon the information provided below. If required information is missing, use reasonable assumptions to fill in the gaps. Ignore any...
-
Tony Bautista needs $25,000 in 4 years. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest...
-
Bo Newman will invest $10,000 today in a fund that earns 5% annual interest. How many years will it take for the fund to grow to $17,100?
-
In Ron's suit against Second National Bank, the discovery phase would include all of the following except a. Ron's complaint. b. Ron's deposition. c. Ron's request for Second National's admissions....
-
Zephyr Minerals completed the following transactions involving machinery. Machine No. 1550 was purchased for cash on April 1, 2020, at an installed cost of $75,000. Its useful life was estimated to...
-
Kelly is a self-employed tax attorney whose practice primarily involves tax planning. During the year, she attended a three-day seminar regarding new changes to the tax law. She incurred the...
-
At a recently concluded Annual General Meeting (AGM) of a company, one of the shareholders remarked; historical financial statements are essential in corporate reporting, particularly for compliance...
-
4. In hypothesis, Mr. Ng wants to compare the solution in Q3 to other solutions in different conditions. If the following constraints are newly set in place, answer how much different is going to be...
-
3C2H6O2+7H2O= C2H4O3+11H2+O2+H2C2O4+CH2O2 Glycolic acid is produced electrochemically from ethylene glycol under alkaline conditions(NaOH). Hydrogen is produced at the cathode, and formic acid and...
-
Explain the difference between primary data and secondary data. LO-1
-
Let (x) = x 2 - 9, g(x) = 2x, and h(x) = x - 3. Find each of the following. (((--) 2
-
Which of the following is not a proactive way for a company to eliminate fraud opportunities? a. Severely punishing fraud perpetrators. b. Assessing risks. c. Implementing appropriate preventive and...
-
Shetland Inc. had pretax financial income of $154,000 in 2014. Included in the computation of that amount is insurance expense of $4,000 which is not deductible for tax purposes. In addition,...
-
At December 31, 2013, Belmont Company had a net deferred tax liability of $375,000. An explanation of the items that compose this balance is as follows In analyzing the temporary differences, you...
-
At the end of 2013, Lucretia McEvil Company has $180,000 of cumulative temporary differences that will result in reporting future taxable amounts as shown on the next page....
-
Al preparar el estado de resultados pro forma, cules de las siguientes partidas se deducen de las utilidades brutas para llegar a las ganancias despus de impuestos? Pregunta de seleccin mltiple....
-
Lawson Inc. is expanding its manufacturing plant, which requires an investment of $4 million in new equipment and plant modifications. Lawson's sales are expected to increase by $3 million per year...
-
20 On January 1, Year 1, X Company purchased equipment for $80,000. The company estimates that the equipment will have a useful life of 10 years and a residual value of $5,000. X Company depreciates...
Study smarter with the SolutionInn App