Question
im having a problem with finding online finanial calculator for these sets of problems. could you please provide a link to online financial calculator for
im having a problem with finding online finanial calculator for these sets of problems. could you please provide a link to online financial calculator for each one of the questions and state that which numbers go where in the online calculator? thanks
1) How many years will the following take? $978 to grow to $13,345 if invested at 16.45 percent, compounded annually.
Round the answer to two decimal places.
2)
Upon graduating from college, you make an annual salary of $37,674. You set a goal to double it in the future. If your salary increases at an average annual rate of 8.15 percent, how long will it take to reach your goal?
Round the answer to two decimal places.
3)Cooling Tools, Inc. is currently producing 961 of small refrigerators per month but the companys CEO plans to increase production at a rate of 8.43 percent per month until the firm is producing 5,059 of refrigerators per month. How many months will this take?
4) At what annual rate would the following have to be invested? $6,438, to grow to $96,118, in 3 years.
5) A firm's dividends have grown over the last several years. 10 years ago the firm paid a dividend of $2. Yesterday it paid a dividend of $4. What was the average annual growth rate of dividends for this firm?
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