How much will $10,000 amount to after 5 years if interest is 10 percent per year compounded

Question:

How much will $10,000 amount to after 5 years if interest is 10 percent per year compounded continuously?

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

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

See More Books

Question Posted: Mar 26, 2024 01:01 AM

See More Questions

Calculate all of the problems in the document below in an Excel spreadsheet or on a financial calculator. Please show your work in order to get credit. For each problem, state the inputs given, what...
Assets Total Debt and Equity Current Assets $200,000,000 Total debt equity $220,000,000 Common stock $30,000,000 Capital Surplus 80,000,000 Accumulated retained earnings 170,000,000 Net Fixed Asset...
Chemistry CH + H C6H6 + CH4 C6H6+C6H6 C2H10 + H 25E09 pound/year market at $6.50/ gallon Benzene is a suspected carcinogen 550C, 55 atm, over Molybdenum catalyst Yield ~ 75%, Equilibrium Constant =...
In the diagram, the positive terminal of the 12 V battery is grounded it is at zero potential. At what potential is point X? 12 V 4 V Ground
On January 1, 2018, Madison Products issued $40 million of 6%, 10-year convertible bonds at a net price of $40.8 million. Madison recently issued similar, but nonconvertible, bonds at 99 (that is,...
Compute the required number of kanbans 686
12. What steps must employers take to ensure that they are complying with the Immigration Reform and Control Act?
What proportion of secretaries of Fortune 500 companies has a personal computer at his or her workstation? You want to answer this question by conducting a random survey. How large a sample should...
The production department of Raredon Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter...
What amount must be placed on deposit today to equal $15,000 in 4 years at 15 percent per year compounded continuously?
An interest rate is given as 10 percent per year nominal. Determine the effective annual rate if a. compounding is annual. b. compounding is daily. c. compounding is continuous.
For each of the following organizational units, indicate whether the unit would most likely be classified as a cost center $(C)$, a revenue center $(R)$, a profit center $(P)$, or an investment...
Jennifer purchased stock at $50 per share with a 75% initial margin requirement and a maintenance margin of 35%. How much equity per share must Jennifer contribute when the stock falls to $15 per...
Thinking about your present job and your "inventory"of leadership traits and characteristics, where are your strengths and weaknesses as a leader?Is being a leader desirable? If yes, what motivates...
You are facing a complex decision with several courses of possible action and probabilities associated with them. The current decision tree, based on the best possible estimates of probabilities and...
1. In what ways has Marriot proven an industry leader in the context of entrepreneurship in the hospitality industry. 2. What are the author's metrics of measuring entrepreneurial activity, and do...
Suppose you want to model the relationship between the interest rate, the economic growth rate and the inflation rate. what would be first model to fit explain.
1. What do you think makes Alan Mulally an effective leader at this point in Fords history? 2. Would you consider Mulally a transformational leader? Why or why not? 3. If Ford had been forced to take...
Determine the annual percentage yield for a loan that charges a monthly interest rate of 1.5% and compounds the interest monthly.
Deacon Company is a merchandising company that is preparing a budget for the three - month period ended June 3 0 th . The following information is available Deacon Company Balance Sheet March 3 1...
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $460,000, and direct labor costs to be $230,000. Actual overhead...
Which of the following do we expect to be the horizon growth rate for a company (long term growth rate- say 30-50 years)? A) Inflation B) Industry Average C) Zero D) Market Beta

How much will $10,000 amount to after 5 years if interest is 10 percent per year compounded

Question:

Step by Step Answer:

To calculate the amount of money after 5 years with continuous compoun...View the full answer

Principles Of Engineering Economic Analysis

Students also viewed these Business questions