How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%?

How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%?

Scheduled payments of: $529, $776 and $ 291 are due in one and a half years, three and a half years and five years respectively. what is the equivalent single replacement payment...

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if i make 1,500 a month plus a 3 percent commision on sales what would my yearly salary be

Part 1. Suppose that between the ages of 23-45 you contribute 3000 per year to a 401k and your employer contributes 1500 per year on your behalf. The interest rate is 8.1% compounded annually. What...

If a person invests $100 every seven days into a bank with an average interest rate of 1% and also invests all his interest earnings how many days will it take for his totoal investment to equal 10,000...

In terms of basic funding structures, please explain the overarching tax system including federal, state, and local systems as described in your text discussing what tax is typically ‘earmarked’ for...

Morgan, a widow, recently passed away. The value of her assets at the time of death was $9,166,000. The cost of her funeral was $, while estate administrative costs totaled $47,338. As stipulated...

Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 34 years and anticipate they will need funding for an additional 25 years. They determined...

I recently opened a business, I sold some of my personal items to buy bitcoin. I've been putting as much as possible into it. However every few days ill deposit $2k-$3k into the bank but withdraw...

Three formulas for calculating present value: Formula #1: PV= FV / (1+ i)^nt Formula #2: PVOA=C( 1/i - 1/i(1+ i )^nt Formula #3: PVAD=C (1/i - 1/i(1+i)^nt-1...

You are a financial advisor and you have estimated that the expected return of Xyon stock is 10% with a standard deviation of 16%. A stock from the same industry, Yane, has a 90% chance of returning...

Smith Automotive is a company that produces component parts for automobile engines. A margin of $4 per unit produces fixed expenses of $80 million. The market demand for the component parts is 400...

Smith Automotive is a company that produces component parts for automobile engines. A margin of $4 per unit produces fixed expenses of $80 million. The market demand for the component parts is 400...

Smith Automotive is a company that produces component parts for automobile engines. A margin of $4 per unit produces fixed expenses of $80 million. The market demand for the component parts is...

Option A: A $25,000 home equity line of credit based on 7.8% APR annualized over a 10 year term. The loan is amortized at 7.8% with monthly payments of $162.50. Option B: A $25,000 home equity...

Diane has an insurance policy with a cash value at age 64 that will provide semi-annual payments of $4600 for 8 years, first payment one half year after reaching 65. If the insurance company pays...

Determine the accumulated value of monthly deposits of $770 each after 10 years if the deposits earn 9.9%/year compounded quarterly. Assume that the deposits are made at the end of each month and...

If a company grows too fast, what Are funding alternatives there generally available?

What formula should I be using for this problem?