This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For an investment having an APY of 9%, estimate the number of years needed to double the principal. (Read 96 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: May 5, 2020

Question 1

For an investment having an APY of 8%, estimate the number of years needed to double the principal.
◦ 6 years
◦ 8 years
◦ 9 years
◦ none of these
◦ 12 years

Question 2

For an investment having an APY of 9%, estimate the number of years needed to double the principal.
◦ 9 years
◦ 10 years
◦ 8 years
◦ none of these
◦ 5 years
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by FButt on May 5, 2020

babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


FButt

  • Member
  • Posts: 519
Reply 2 on: May 5, 2020
Thanks for the timely response, appreciate it

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr
The principal components of a spectrophotometer The principal components of a spectrophotometer
Avogadro's number calculation Avogadro's number calculation
When the number of miles traveled is considered, drivers under 25 years of age and those over 70 are ... When the number of miles traveled is considered, drivers under 25 years of age and those over 70 are ...
Review Cognitive Changes over the Adult Years Review Cognitive Changes over the Adult Years
HIV-positive men with a high number of life stressors progress more quickly to AIDS than those with ... HIV-positive men with a high number of life stressors progress more quickly to AIDS than those with ...
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library