Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 11, 2024

You made an investment of 10,000 which continuously increases by a quarter each year. How much is the earnings after 5 years? Express the earnings

You made an investment of 10,000 which continuously increases by a quarter each year. How much is the earnings after 5 years? Express the earnings in percent with respect to the original amount. Is 5 years enough to triple the earnings?

Show that 205% is the answer.

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

Geometry

Authors: David A Brannan, Matthew F Esplen, Jeremy J Gray

2nd Edition

1139200658, 9781139200653

More Books

Students also viewed these Mathematics questions

Question

★★★★★

Eva received $60,000 in compensation payments from JAZZ Corp. during 2015. Eva incurred $5,000 in business expenses relating to her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these...

Answered: 1 week ago

Question

★★★★★

Use a table of integrals to find the indefinite integral. x /3 + 25x dx

Answered: 1 week ago

Question

★★★★★

2. When choosing a model, alternate between coping models who work through problems slowly and correct their errors as they work and mastery models who solve problems quickly and without error.

Answered: 1 week ago

Question

★★★★★

Water exerts pressure on the upstream face of a dam as shown in Figure. The pressure can be characterized by p(z) = pg(D - z) Where p(z) = pressure in pascals (or N/m2) exerted at an elevation z...

Answered: 1 week ago

Question

★★★★★

HomeSuites is a chain of all-suite, extended-stay hotel properties. The chain has 21 properties with an average of 200 rooms in each property. In year 1, the occupancy rate (the number of rooms...

Answered: 1 week ago

Question

★★★★★

Mr. A Background Mr. A is a 42-year-old divorced man assessed at intake to a crisis intervention unit. He was brought to the facility by the local law enforcement agency after his father complained...

Answered: 1 week ago

Question

★★★★★

Dairyfood processes organic milk into plain yogurt Dairyfood sells plain yogurt to hospitals, nursing homes, and restaurants in bulk, one-gallon containers. Each batch, processed at a cost of $820,...

Answered: 1 week ago

Question

★★★★★

Riding a bicycle at a constant speed requires the rider to provide enough constant force to the pedals to overcome the resistance forces. To make this problem easier to calculate, assume that there...

Answered: 1 week ago

Question

★★★★★

7. Question 7 Refer to Step 3.3. In the "Unconstrained " or "Short Selling " version of the optimal risky portfolio, what is the portfolio mean ? Write your answer as a percentage ,with no percentage...

Answered: 1 week ago

Question

★★★★★

In a case analysis, if a coffee company, who is trying to expand in China faces the primary problem of coming up with the best plan to catch up to competitors that currently have locations throughout...

Answered: 1 week ago

Question

★★★★★

List three logical fallacies. Explain why they are fallacies, and give examples of fallacious statements regarding moral problems.

Answered: 1 week ago

Question

★★★★★

A study was made of 500 children who were hospitalized as a result of motor vehicle crashes. Among 310 children who were not using seat belts, 70 were injured severely. Among 190 children using seat...

Answered: 1 week ago

Question

★★★★★

18. Assume f is differentiable on the interval (0,5). The table shown here gives the value of f, f', and f" for several values of x. Which value of x must produce a local maximum ? x 1 x = 2 X=3 f(x...

Answered: 1 week ago

Question

★★★★★

Identify the five financial statements published for external use. nju9

Answered: 1 week ago

Question

★★★★★

Which of the following is a cost behaviororiented approach to product costing? a_ Absorption costing b Direct costing Cc Process costing d Job order costing. nju7

Answered: 1 week ago

Question

★★★★★

The cost of goods sold under a periodic cost accumulation system is equal to the a_ Cost of goods available for sale less ending finished goods inventory b Cost of goods available for sale plus...

Answered: 1 week ago

Previous Question Next Question