Question
Devin invested $490,000 and in 3 years the investment grew to $550,000, calculate the weekly periodic interest rate (iw) earned on this investment. a. 3.856613603
| Devin invested $490,000 and in 3 years the investment grew to $550,000, calculate the weekly periodic interest rate (iw) earned on this investment. |
| a. | 3.856613603 % | |
| b. | 3.851855481 % | |
| c. | 0.321384467 % | |
| d. | 0.0740741439 % |
| Frank wants to calculate the rate of simple interest he earned on his investment. At the end of the 120 days he received interest of $210.67 on his $ 20,000 deposit. What annual rate of simple interest did he earn? |
| a. | 3.8511 % | |
| b. | 3.2039 % | |
| c. | 0.032039 % | |
| d. | 6.7654 % |
Sam deposits 15,000 in his account bearing interest at a rate of j2 = 6% . How much will the funds accumulate to in four years?
| a. | $ 19,001.55 | |
| b. | -$16,882.63 | |
| c. | - $19, 001.55 | |
| d. | $16,882.63 |
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The International Corporate Governance System Audit Roles And Board Oversight
Authors: F. Lessambo
1st Edition
134947178X, 978-1349471782
