Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

25 Your grandmother purchased $10,000 worth of shares of a stock 50 years ago. If the stock returned 15% a year how much would her

25 Your grandmother purchased $10,000 worth of shares of a stock 50 years ago. If the stock returned 15% a year how much would her investment be worth now? Oa. $85,000 Ob. $9,895,677 Oc. $10,836,574 Od. $1,083,567 13

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Basic For Beginners

Authors: Kavishankar Panchtilak

1st Edition

979-8860644588

More Books

Students also viewed these Accounting questions

Question

★★★★★

In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows: ($ Millions) ________________ Book Value _____________Market Value...

Answered: 1 week ago

Question

★★★★★

Discuss VLAN pooling and how it improves the quality of a network.

Answered: 1 week ago

Question

★★★★★

How can we defi ne project success criteria from a strategic perspective?

Answered: 1 week ago

Question

★★★★★

Kelley Company has completed Octobers sales and purchases journals (Shown below). a. Total and post the journals to T accounts for the general ledger and the accounts receivable and accounts payable...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Why would a manager use I-statements instead of you-statements? Multiple choice question. To exert power over her subordinates To diminish the chance of defamation lawsuits To make her employees feel...

Answered: 1 week ago

Question

★★★★★

48. (4 points) Assume the following spot and forward rates for the euro ($/euro). Spot rate 30-day forward rate 90-day forward rate 120-day forward rate $1.6277 1.6330 1.6353 1.6387 A) What is the...

Answered: 1 week ago

Question

★★★★★

The initial investment in the project is estimated to be $80,000 in year 0, $13,500 in year 1, $16550 in year 2, $12250 in year 3 of the project. The Whalers rest Moton in requires a discount rate of...

Answered: 1 week ago

Question

★★★★★

The notion of visual management and visual control is utilised as part of the lean management system to handle work in a methodical fashion, including decreasing the tracking time for accessing email...

Answered: 1 week ago

Question

★★★★★

When a company evolves beyond its need for an international division, it may be considered a global enterprise. At this stage in its development, it may have any of several organizational structures....

Answered: 1 week ago

Question

★★★★★

South Africa has experienced energy crisis in the past few years. This has led to the many rounds of excessive loadshedding and the Central University of Technology is concerned about the effects of...

Answered: 1 week ago

Question

★★★★★

4. Identify cultural variations in communication style.

Answered: 1 week ago

Question

★★★★★

2. Explain the nominalist, relativist, and qualified relativist positions on language and perception.

Answered: 1 week ago

Question

★★★★★

3. Describe the role of metaphor in understanding intercultural communication.

Answered: 1 week ago

Previous Question Next Question