How long did it take $4625 earning 7.875% compounded annually to grow to $8481.61?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Given PV 4625 FV 8481...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Sketch the graph and draw several vertical and horizontal traces. (x, y) = sin(x y)
-
Color Explosion prepares and packages paint products. Color Explosion has two departments: Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at...
-
These financial statement items are for Barone Corporation at year-end, July 31, 2010. Salaries payable ............ $ 2,080 Salaries expense ............ 51,700 Utilities expense ............ 22,600...
-
How long did it take $4625 earning 7.875% compounded annually to grow to $8481.61?
-
While analyzing data, an investigator treats each score as if it were contributed by a different subject even though, in fact, scores were repeated measures. What effect, if any, would this mistake...
-
If you earn an annual interest rate of 8 . 7 percent, how many years will it take to quadruple your money? 1 6 . 6 2 years 1 4 . 5 4 years 1 5 . 3 4 years 1 3 . 2 9 years
-
A strip bond that will mature 7_1 years from now at its $13,000 face value can be 2 purchased today for $9042. What rate of return (compounded semiannually) will this strip bond provide to an...
-
$5000 invested in a GIC earning 3.7% compounded semiannually matured at $5789.73. What was the term of the GIC?
-
Discuss trends in union membership.
-
Humans, especially children, have an amazing capability to learn language. Within the first year of life, children will have learned many of the necessary concepts to have functional language,...
-
Martina was geared up for a long day on the bike trail and began her day with a balanced breakfast. Although she brought plenty of water with her, she was also able to stay hydrated because her...
-
Eight-year-old Rubio does not play with his classmates, and when he does have to interact with them he tends to get frustrated and doesn't understand how to interact with them. Even at home, Rubio...
-
People disagree regarding the extent to which we should be anxious and fearful of how new technologies will affect our society.What are the potential ramifications of being constantly connected to...
-
When planning instruction, a teacher must integrate curriculum and instructional strategies that students can relate to on a personal level. Consider the community in which you plan to teach....
-
(a) Graph the function f(x) = x 2 sin x in the viewing rectangle [0, 8] by [ 2, 8]. (b) On which interval is the average rate of change larger: [1, 2] or [2, 3]? (c) At which value of is the...
-
Show, if u(x, y) and v(x, y) are harmonic functions, that u + v must be a harmonic function but that uv need not be a harmonic function. Is e"e" a harmonic function?
-
(a) What is the present value of $10,000 due 8 periods from now, discounted at 10%? (b) What is the present value of $20,000 to be received at the end of each of 6 periods, discounted at 8%?
-
Presented below is the partial bond discount amortization schedule for Morales Corp. Morales uses the effective-interest method of amortization. Instructions(a) Prepare the journal entry to record...
-
Deane Company issues $5 million, 10-year, 9% bonds at 96, with interest payable on July 1 and January 1.The straight-line method is used to amortize bond discount. (a) Prepare the journal entry to...
-
10. Product J is one of the many products manufactured and sold by Oceanside Company. An income statement by product line for the past year indicated a net loss for Product J of $12,250. This net...
-
Test Company uses a normal, process costing system to determine product cost. The company reported the following production activity in Department 2 for July. Work-in-process inventory, July 1 Units...
-
Bradley Company has an accrual basis net income of $90,000 and the following related items: Depreciation expense $19,000 Accounts receivable increase 6,000 Inventory decrease 7,000 Accounts payable...
Study smarter with the SolutionInn App