FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 6 5 pts Suppose you invested $7.216 in a business which guaranties to give you back an annual rate of return of 15%. How

image text in transcribed
Question 6 5 pts Suppose you invested $7.216 in a business which guaranties to give you back an annual rate of return of 15%. How much will you investment become after 8 years? (Work it out on a piece of paper before entering the answer.) (Round up your answer to two decimal point)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Evaluate And Propose The Quality Audit Program Evaluating And Proposing In A Health Care Provider Institution

Evaluate And Propose The Quality Audit Program Evaluating And Proposing In A Health Care Provider Institution

Authors: María Bastidas

1st Edition

6205248921, 978-6205248928

More Books

Students also viewed these Accounting questions

Question

★★★★★
Which of the following statements is(are) true? Correct the false statement(s). a. When a reactant is added to a system at equilibrium at a given temperature, the reaction will shift right to...

Answered: 1 week ago

Question

★★★★★
Charlotte Williams has a Visa account. The finance charge is calculated on the previous month's balance, and the annual percentage rate is 2 0 % . Complete the following three - month account...

Answered: 1 week ago

Question

★★★★★
8. Write a dream sequence for every character in your script. Fill these dreams with wishes, anxieties, and meaningful symbols. Creating dreams for your characters will give you insight into their...

Answered: 1 week ago

Question

★★★★★
Red Rock Bakery purchases land, building, and equipment for a single purchase price of $900,000. However, the estimated fair values of the land, buildings, and equipment are $150,000, $600,000, and...

Answered: 1 week ago

Question

★★★★★
Calcular e interpretar ndices de liquidez, solvencia y cobertura A continuacin se incluye informacin del balance, estado de resultados y estado de flujos de efectivo de Nike. Consulte estos estados...

Answered: 1 week ago

Question

★★★★★
Use transformations of the graph of f(x) = x2 to determine the graph of the given function. h(x)=(x+5)2

Answered: 1 week ago

Question

★★★★★
1 . Discuss the role of employee engagement in the growth of organization as argued by the author?

Answered: 1 week ago

Question

★★★★★
2 . 1 The logistical drivers of supply chain include facilities and transport. How would you relate these to material flow? ( 1 5 ) 2 . 2 Price and quality are key factors in consumer buying...

Answered: 1 week ago

Question

★★★★★
2 3 points Determine the force P required to maintain equilibrium of the 128.6 lb container. Report the force P in units of pounds to one decimal point. Type your answer

Answered: 1 week ago

Question

★★★★★
Which function can be used to specify the width and height of an OpenGL window? glfwCreateWindow, glfwInit, gladLoadGLLoader, or glViewport

Answered: 1 week ago

Question

★★★★★
E.) Develop appropriate access control protocols that provide an appropriate amount of protection while allowing users to continue to operate without denial of service. F.)Justify your access control...

Answered: 1 week ago

Question

★★★★★
3. Imagine that, as an employer, you were no longer able to pay your staff. How would you motivate them?

Answered: 1 week ago

Question

★★★★★
4. What can an organisation do to ensure that its workers are fully engaged?

Answered: 1 week ago

Question

★★★★★
1. How might volunteering help the employer and the employee?

Answered: 1 week ago

Previous Question Next Question