Use the compound interest formulas to solve Exercises 2325. How long, to the nearest tenth of a
Question:
Use the compound interest formulas to solve Exercises 23–25.
How long, to the nearest tenth of a year, will it take $4000 to grow to $8000 at 5% annual interest compounded quarterly?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
005 4 4t 100125 8000 4000 1 8000 4000 2 1...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 Mathematics questions
-
3. Collins Company uses 12,000 units of a part in its production process. The costs to make a part are: direct material, $15; direct labor, $27; variable overhead, $15; and applied fixed overhead,...
-
For each problem, show your work steps. A correct answer with no work shown gets half credit (which means you fail the assignment). An incorrect answer with no work receives 0 credit. With time value...
-
Use the compound interest formulas and A = Pert to solve Exercises 5356. Round answers to the nearest cent. Suppose that you have $6000 to invest. Which investment yields the greater return over 4...
-
A very long insulating cylinder of charge of radius 2.40 cm carries a uniform linear density of 13.0 nC/m. If you put one probe of a voltmeter at the surface, how far from the surface must the other...
-
The ages of a sample of Canadian tourists flying from Toronto to Hong Kong were 32, 21, 60, 47, 54, 17, 72, 55, 33, and 41. a. Compute the range. b. Compute the standard deviation.
-
A company working on a 75 percent learning curve has decided that the production standard should be 85 hours of production for the 100th unit. How much time should be required for the first unit? If...
-
Costs that are incurred as part of the manufacturing process, but are not clearly traceable to the specific unit of product or batches of product, are called a. Period costs. b. Factory overhead. c....
-
Assume that today is June 11. Your firm is scheduled to pay 500,000 on August 15, 65 days in the future. The current spot is $1.75/, and the 65-day forward rate is $1.73/. You can borrow and lend...
-
Problem 1 5 . Multi Enterprises Ltd . is a Canadian - controlled private corporation whose fiscal period coincides with the calendar year. For the year 2 0 2 3 , the company's taxable income was...
-
In Exercises 1924, the graph of an exponential function is given. Select the function for each graph from the following options: f(x) = 3*, g(x) = 3x-1, h(x) = 3x - 1, F(x) = -3*, G(x) = 3*, H(x) =...
-
In Exercises 140, use properties of logarithms to expand each logarithmic expression as much as possible. Where possible, evaluate logarithmic expressions without using a calculator. log4 x 64
-
Understanding learning curve tables Foom Corporation's Arcade Electronic Division just completed assembly of 15 Android Invasion video games. The direct labor cost of the 15th unit was $93.38. The...
-
Arrow Company processes a food seasoning powder through its Compounding and Packaging departments. In the Compounding Department, direct materials are added at the beginning of the process, and...
-
The 2017 financial statements of LVMH Moet Hennessey Louis Vuitton S.A. are presented in Appendix C at the end of this book. LVMH is a Paris-based holding company and one of the world's largest and...
-
Repeat Problem 10.E1, except design a packed column using 1-in. metal Pall rings. Do the calculations at the top of the column. Approximate HETP for ethanol-water is \(0.366 \mathrm{~m}\). At...
-
We are separating an ethanol-water mixture in a column operating at atmospheric pressure with a total condenser and a partial reboiler. Constant molal overflow (CMO) can be assumed, and reflux is a...
-
Corporate Social Responsibility Problem The Global Reporting Initiative (GRI) is a networkbased organization that has pioneered the development of the world's most widely used sustainability...
-
Health System Q is located in the same geographic area as Health System P, its main competitor. While Health System Q touts its status as a community-based integrated delivery system, Health System P...
-
Doorharmony Company makes doorbells. It has a weighted- average cost of capital of 5% and total assets of $ 5,900,000. Doorharmony has current liabilities of $ 750,000. Its operating income for the...
-
Use transformations to sketch a graph of f. f(x) = (x + 1) V-(x
-
Use transformations to sketch a graph of f. f(x) = (x - 1)
-
Use transformations to sketch a graph of f. f(x) = 2x-2-1
-
Jen bought 100 shares of ABC stock at $15 a share on July 14, 2017. On August 7, 2018, she noticed that the stock had increased in value to $20 a share and decided to sell her shares. Jen's marginal...
-
Alex. Inci, buys 40 petcent of Steinbart Company on January 1, 2020, for $1.212.000. The equity method of accounting is to be used. Steinbart's net assets on that datewere $2.90 million. Any excess...
-
exercise 4-7 (Algo) Effects of transactions on income statement LO P2
Study smarter with the SolutionInn App