Homework Answers
Number of years have been calculated using the NPER function:-
=NPER(rate,pmt,pv,fv)
=NPER(9.4%,,-14000,57000)
=15.6 years
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0/10 pts Question 10 How many years will it take for $9,000 to grow to $41,000 if you can earn an average rate of 8.8 % per year? Note: Please enter your answer rounded to the nearest one digit after the decimal point. For example, if your calculated result is 23.76 years, enter your answer as: 23.8. 26.1
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How many years will it take for $14,000 to grow to $31,000 if you can earn an average rate of 7.8% per year? NOTE: Please enter the answer rounded to the nearest one digit after the decimal al point.
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(Compound value solving for n) How many years will the following take? a. $520 to grow to $1,348.75 if invested at 10 percent compounded annually b. $33 to grow to $56.70 if invested at 7 percent compounded annually c. $95 to grow to $465.31 if invested at 13 percent compounded annually d. $57 to grow to $69.28 if invested at 5 percent compounded annually a. How many years will it take for $520 to grow to $1,348.75 if invested at...
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Can you please provide the formula for the worksheet also. CASE PROBLEMS Level 1- Analyzing Sales...
Can you please provide the formula for the worksheet also.
CASE PROBLEMS Level 1- Analyzing Sales for Crèmes Ice Cream Judd Hemming is the eastern regional marketing manager for Crèmes Ice Cream. Eac quarter, he completes two separate analyses: an analysis comparing ice cream flavor sale volumes from all regional locations with the same quarter sales volumes from the previou year and an analysis comparing total sales in dollars, including mean, median, mode, and standard deviation, of sales by store....
0/10 pts Question 10 How many years will it take for $9,000 to grow to $41,000 if you can earn an average rate of 8.8 % per year? Note: Please enter your answer rounded to the nearest one digit after the decimal point. For example, if your calculated result is 23.76 years, enter your answer as: 23.8. 26.1
(Compound value solving for n) How many years will the following take? a. $520 to grow to $1,348.75 if invested at 10 percent compounded annually b. $33 to grow to $56.70 if invested at 7 percent compounded annually c. $95 to grow to $465.31 if invested at 13 percent compounded annually d. $57 to grow to $69.28 if invested at 5 percent compounded annually a. How many years will it take for $520 to grow to $1,348.75 if invested at...
Compound value solving for n) How many years will the following take? a. $490 to grow to $1.270.93 if invested at 10 percent compounded annually b. $36 to grow to $71.73 if invested at 9 percent compounded annually c. $110 to grow to $476.80 if invested at 13 percent compounded annually d. $58 to grow to $77.73 if invested at 5 percent compounded annually a. How many years will t take for $490 to grow to $1,270.93 f invested at...
luck! Question 3 All else being equal, which of the following statement about time value of money is NOT correct? The higher the discount rate, the lower the present value The higher the interest rate, the higher the future value The higher the number of periods, the lower the present value The higher the present value, the lower the future value - Previous Quiz sa required precision (ie, the number of digits after the decimal point). Good luck! Question 4...
Can you please provide the formula for the worksheet also.
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