Use the Rule of 72 to figure out how long it will take for your money to
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
According to the Rule of 72 at an interes...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
Question Posted:
Students also viewed these Advanced Accounting questions
-
If the interest rate is 6% per year, how long will it take for your money to quadruple in value? If the inflation rate is 4% per year, what will be the change in the purchasing power of your money...
-
If the interest rate is 8% per year, what decision would you make based on the decision tree diagram in Figure P12-23? 200,000 profit per year for six years, starting at EOY 3 (0.6) $280,000 profit...
-
Lets figure out how long it will take for the average Indian to be as wealthy as the average Western European is today. All numbers are adjusting for inflation, so were measuring output in piles of...
-
Now apply one of those decision making models (Philosophical) to this scenario: Scenario: You are a CPA in the accounting department at a HealthCare System with three other accountants. You are good...
-
During a hard sneeze, your eyes might shut for 0.50 s. If you are driving a car at 90 km/h during such a sneeze, how far does the car move during that time?
-
Daniel Merrill is the manager of an airport gift shop, Merrill News and Gifts. From the following data, Mr. Merrill wants a cash budget showing expected cash receipts and disbursements for the month...
-
Buslik Manufacturing company has the following data direct labor \($242,000\), direct materials used \($180,000\), total manufacturing overhead \($208,000\) and beginning work in process \($25,000\)....
-
The T-accounts below summarize the ledger of Salvador's Gardening Company, Inc. at the end of the first month of operations. Instructions (a) Prepare the journal entries (including explanations) that...
-
Hugh Stanley manages a dairy House Drive-in. His straight-time pay is $12 per hour, with time-and-a-half for hours in excess of 40 per week. Stanleys payroll deductions include withheld income tax of...
-
7.16 Figure 7.21 shows a pump delivering 840 L/min of crude oil (sg = 0.85) from an underground storage drum to the first stage of a processing system. (a) If the total energy loss in the system is...
-
Your consulting firm will produce cash flows of $ 100,000 this year, and you expect cash flow to keep pace with any increase in the general level of prices. The interest rate currently is 8%, and you...
-
There are dozens of Web sites that provide calculators to help with personal finance decisions. Two good examples are www.quicken.com and www.financialpost.com. Log on to the Financial Post site, and...
-
Why is infrastructure investment important for development? Explain by giving some examples of infrastructure investment that help development.
-
a. Write a program to remove defective part from a conveying system at five positions later from the inspection point using shift registers. b. Write a program to flash a lamp continuously once a...
-
Power represents the capacity of one person or group to secure compliance from another person or group. Nothing is said here about the right to secure complianceonly the ability. In contrast,...
-
Below is selected information taken from the balance sheet of CCK Corporation as of 12/31/06. From the operating section of the statement of cash flows, you determine that the depreciation expense...
-
A customer has requested you service his favorite family heirloom, a World War II Arisaka Type 2 Paratrooper rifle (also called aTERA - Teishin Rakkasan Assault/Raiding Paratrooper). After you take...
-
Where a piece of equipment runs small lots of multiple part types requiring unique set-ups with similar process characteristics, which type of statistical control chart is most likely to be...
-
Consider an experiment that consists of determining the type of jobeither blue collar or white collarand the political affiliation Republican, Democratic, or Independentof the 15 members of an adult...
-
Economic feasibility is an important guideline in designing cost accounting systems. Do you agree? Explain.
-
Sustainable Growth Rate In the chapter, we discussed the two versions of the sustainable growth rate formula. Derive the formula ROE X b from the formula given in the chapter, where ROE is based on...
-
Present Value the basic present value equation has four parts. What are they?
-
Present Value the basic present value equation has four parts. What are they?
-
Transfer Pricing, Idle Capacity Asgard Farms, Inc., has a number of divisions that produce jams and jellies, condiments and glassware. The Glassware Division manufactures a variety of bottles that...
-
Assume the following information: Milling Department Units Percent Complete Materials Conversion Beginning work in process inventory 200 30% 30% Units started into production during March 6,200 Units...
-
Discuss the statement and tell what possible misuse or misinterpretation may exist. Company Upper ACompany A sells a washing machinewashing machine that costs more than the washing machinewashing...
Study smarter with the SolutionInn App