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

Author Question: If you presently have $6,000 invested at a rate of 15%, how many years will it take for you ... (Read 29 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Apr 25, 2021

Question 1

If a US Saving bond can be purchased for $29.50 and has a maturity value at the end of 25 years of $100, what is the annual rate of return on the bond?
◦ 5 percent
◦ 6 percent
◦ 7 percent
◦ 8 percent
◦ 4 percent

Question 2

If you presently have $6,000 invested at a rate of 15%, how many years will it take for you investment to triple? (Round up to obtain a whole number of years if necessary.)
◦ 2
◦ 4
◦ 6
◦ 8
◦ 10
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by geodog55 on Apr 25, 2021

Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Apr 25, 2021
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 56% of students answer this correctly


geodog55

  • Member
  • Posts: 530
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Exponential growth in the Canadian migratory population of the whooping crane after 70 years of cons Exponential growth in the Canadian migratory population of the whooping crane after 70 years of cons
The Dingo was the first placental mammal introduced to Australia, around 4000 years ago The Dingo was the first placental mammal introduced to Australia, around 4000 years ago
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Cyanobacteria from 850 million years ago (Photo 2) Cyanobacteria from 850 million years ago (Photo 2)
Video: Pressure Flow Model Animation

For a complete list of videos, visit our video library