subject
Business, 24.10.2019 01:00 yrodrig13

You have an investment account that started with $4 comma 000 10 years ago and which now has grown to $10 comma 000. a. what annual rate of return have you earned (you have made no additional contributions to the account)? b. if the investment account earns 16 % per year from now on, what will the account's value be 10 years from now?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 23:20
Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?
Answers: 3
question
Business, 23.06.2019 02:00
People-focused workplace (connect, perform) organizations are undergoing changes in response to more people-driven workforces. use your knowledge of bossless workplaces to identify each of he following characteristics as either a challenge or benefit to this new style of workplace. resource allocation decision making training costs
Answers: 2
question
Business, 23.06.2019 03:30
What do u want to be when u grow up
Answers: 2
question
Business, 23.06.2019 03:50
What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.
Answers: 1
You know the right answer?
You have an investment account that started with $4 comma 000 10 years ago and which now has grown t...
Questions
question
History, 30.03.2020 04:33
question
English, 30.03.2020 04:34
Questions on the website: 13722363