If you have $1,000 today, how much will it be worth in five years at 7 percent
Question:
If you have $1,000 today, how much will it be worth in five years at 7 percent per year compounded continuously?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
To calculate how much 1000 will be worth in five year...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
Question Posted:
Students also viewed these Business questions
-
If you have $1,490 today, how much will it be worth in six years at 9 percent per year compounded continuously?
-
If you have $1,275 today, how much will it be worth in six years at 8 percent per year compounded continuously?
-
Q01: With regard to the future value of investment, consider the following two investment plans and give assessment that which plan generates more money in terms of amount and interest? a. If you put...
-
Consider the approximation of the welfare loss due to inter-area deviations from the correct rate of care. All else equal, which procedures would yield the largest welfare losses those with low price...
-
What information is found on the depreciation schedule? How can this information be verified?
-
The percentage of completion of the beginning work-in-process inventory should be included in the computation of the equivalent units of production for which of the following methods of process...
-
The Elite Livery Service, Inc., was organized to provide limousine service between the airport and various suburban locations. It has just completed its second year of business. Its trial balance...
-
On August 10, 2014, Geller, Inc.s board of directors declared a 3-for-1 stock split of its $9 par value common stock, of which 400,000 shares were authorized and 125,000 were issued and outstanding....
-
\ table [ [ Contribution Margin Income Statement,Per Unit,Annual Total ] , [ Sales ( 1 5 0 , 0 0 0 units ) , $ 1 5 . 0 0 , $ 2 , 2 5 0 , 0 0 0
-
Go to www.cfo.com and, under CFO.com Toolbox, follow the Stock Options Calculator link, then the Options Calculator (Java) link. There is a call and a put option on a stock that expires in 30 days....
-
Looking back at the EquiCredit example we used to open the chapter, why would you say EquiCredit used a swap agreement? In other words, why didnt EquiCredit just go ahead and issue fixed-rate bonds...
-
Johnnys Dynamo Dogs has a drive-through line. Customers arriving at this line during the busy hours (11:00 A.M. to 1:00 P.M.) either orders items a la carte or on a value-meal basis. Currently 25% of...
-
Compare and contrast various leadership theories ( e . g . , Transformational Leadership, Situational Leadership, Servant Leadership ) . How do these theories impact management practices and...
-
Suppose that F ( x ) = 3 x 4 is an antiderivative of f ( x ) and G ( x ) = 2 x 3 is an antiderivative of g ( x ) . Find ( f ( x ) + g ( x ) ) d x .
-
Figure Qu. 1 below shows a simple Single Line Diagram (SLD) for a power system where a Utility supplies a 66 kV Customer. - 13.8 kV The 'PG Bus' is a 13.8 kV Power Generation Bus, to which Generators...
-
Use the following information from a coffee shop for 1 year to calculate the inventory turnover (round to 3 decimal points, i.e. .123). Category Number Beverage Revenue $1,380,000 Food Revenue...
-
KK Ltd. runs a departmental store which grants 10 focuses for each acquisition of ' 500 which can be limited by the clients for additional shopping with a similar dealer. Unutilised focuses will pass...
-
Match the following terms and definitions: _________ Supertype. a. subset of supertype _________ Entity cluster b. entity belongs to two subtypes _________ Subtype. c. subtype gets supertype...
-
Willingness to pay as a measure of a person's value for a particular good measures the maximum a person would be willing to pay requires that payment actually be made depends on the satisfaction that...
-
What are zero coupon bonds, and how are they priced?
-
Explain how bond yields are calculated.
-
What is interest rate risk?
-
Hannah was hired as the Chief Operating Officer (COO) of Zeta Corporation, a publicly-traded company in the technology sector, on April 1, 2022. For the fiscal year 2023, Zeta Corporation compensated...
-
The Taxpayer Relief Act of 1 9 9 7 reduced the maximum capital gains tax rate to ( A ) 7 % . ( B ) 1 0 % . ( C ) 1 2 % . ( D ) 1 5 % .
-
Decision Making at Samsung Values: Option Cost per Unit Internal Production $45 Outsourcing $43 Requirements: Perform a make-or-buy analysis. Calculate the total cost for both options. Recommend the...
Study smarter with the SolutionInn App