« previous next »

Author Question: What annual rate of return would Jia need to earn if she deposits 20,000 per year into an account ... (Read 127 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jul 10, 2018
What annual rate of return would Jia need to earn if she deposits 20,000 per year into an account beginning one year from today in order to have a total of 1,000,000 in 30 years?
 
  A) 2.3
  B) 3.3
  C) 1.3
  D) 4.3

Question 2

Unlike equityholders, creditors are owners of the firm.
 
  Indicate whether the statement is true or false


Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

luminitza

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jul 10, 2018
Correct answers!


Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Reply #3 on: Jul 10, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

There are more bacteria in your mouth than there are people in the world.

The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ... Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Video: Vasectomy

For a complete list of videos, visit our video library