Kant Miss Company is promising its investors that it will double their money every 4 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $450 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $26,000?
Kant Miss Company is promising its investors that it will double their money every 4 years....
Double your wealth. Kant Miss Company is promising its investors that it will double their money every 4 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $400 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $28,000?
Double your wealth. Kant Miss Company is promising its investors that it will double their money every 5 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $250 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $34,000? Using the Rule of 72, what annual rate is Kant Miss promising? (Round to the nearest whole percentage.)
Double your wealth. Kant Miss Company is promising its investors that it will double their money every 3 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $350 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $35,000? Using the Rule of 72, what annual rate is Kant Miss promising? || % (Round to the nearest whole percentage.)
Double your wealth Kant Miss Company is promising its investors that it will double their money every 2 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $300 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $30,000? Using the Rule of 72, what annual rate is Kant Miss promising? 36% (Round to the nearest whole percentage) Using the time value...
I just need help with the last part to this question - Asking about the amount of years. Double your wealth. Kant Miss Company is promising ts investors that it will double their money every 4 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $400 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $26,000? Using the time value of...
Sally Guthrie is looking for an investment vehicle that will double her money in six years. What interest rate, to the nearest whole percentage, does she have to receive? _______% At that rate, how long will it take the money to triple? Round the answer to 2 decimal places. Do not round your intermediate calculations. ____years If she can't find anything that pays more than 11%, approximately how long will it take to double her investment? Round the answer to...
8. Stacey wants to double her money in 5 years. What annual rate of return must she find in an investment to reach her goal? I/Y PV PMT FV
A phenomenon called Moore's law says: Multiple Choice O physical capital will double every two years in countries with high rates of growth. O 70 divided by the growth rate equals how long it will take a country to double its productive capacity. O computing capacity has doubled every two years. O divided by the growth rate equals how long it will take a country to double its income level.
You need $40,000 in ten years for the purchase of a new car for your nephew who will be graduating college. You currently have $20,000 saved and want to invest it for ten years at a 6% rate of return. Will you be able to achieve your investment goal in ten years? Answer If not, then how much more would you need to invest today, instead of the $20,000, to accumulate that goal in ten years? Answer If not, and you...
How long in years will a certain sum of money to double its amount when invested at a rate of 12% compounded semi-annually? with solution