HomeworkLib
Question

How long will it take $2,000 to reach $4,400 when it grows at 11 percent per...

How long will it take $2,000 to reach $4,400 when it grows at 11 percent per year? (Do not round immediate calculations, round "months" to 1 decimal place.

business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

0 0
Add a comment
Know the answer?
Add Answer to:
How long will it take $2,000 to reach $4,400 when it grows at 11 percent per...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • How long will it take $2,000 to reach $4,800 when it grows at 12 percent per...

    How long will it take $2,000 to reach $4,800 when it grows at 12 percent per year? do not round intermediate calculations. round months to 1 decimal place. determine the number of years and months

  • Problem 4-3 One Year Future Value (LG4-2) What is the future value of $725 deposited for...

    Problem 4-3 One Year Future Value (LG4-2) What is the future value of $725 deposited for one year earning an 8 percent interest rate annually? (Do not round intermediate calculations. Enter your answer as a whole number.) Future value Compute the present value of an $1,450 payment made in ten years when the discount rate is 12 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value What is the value in year 4 of...

  • Problem 4-35 Solving for Rates (LG4-7) 25 You invested $2,000 in the stock market one year...

    Problem 4-35 Solving for Rates (LG4-7) 25 You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1700 points What return did you earn? (Negative answer should be indicated by a minus sign) Bock Retur eamed Berences What return would you need to get next year to break even overall? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Retum eamed LMR my Problem 4-32 Solving for Time (LG4-8) 2.5 points...

  • 1. If something grows at 5% per year, how long will it take to double (approximately)?...

    1. If something grows at 5% per year, how long will it take to double (approximately)? 2. Name three or four institutions that are important for economic growth.

  • At 6.1 percent interest, how long does it take to double your money? (Do not round...

    At 6.1 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time   years At 6.1 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  • At 9.25 percent interest, how long does it take to double your money? (Do not round...

    At 9.25 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) At 9.25 percent interest, how long does it take to quadruple your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  • At 7.4 percent interest, how long does it take to double your money? (Do not round...

    At 7.4 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)      Length of time years At 7.4 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)   Length of time years

  • At 5.5 percent interest, how long does it take to double your money? (Do not round...

    At 5.5 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)      Length of time years At 5.5 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)   Length of time years

  • At 6.9 percent interest, how long does it take to double your money? (Do not round...

    At 6.9 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time years At 6.9 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time years

  • At 7.5 percent interest, how long does it take to double your money? (Do not round...

    At 7.5 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)      Length of time years At 7.5 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)   Length of time years

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT