The compound interest is 8.775%.
interest = p.
p is principal, i is the interest rate, and n is the periods. Inthis case, p is 2 and the interest is .8. (We can divide both sides by a million to make it simpler.) The number of periods is 4.
.8 = (2)(i)(4)
.8 = 8i
i = 10%. (solution)
Compound interest, again, is
interest = p [(1+r)^m - 1]
This time we can't cancel out the p by default. We must divide by 2if we want to avoid multiplying through. After doing so, we add 1to both sides.
1.4 = (1+r)^4
Log both sides.
log(1.4) = 4log(1+r)
log(1.4) / 4 = .0365 = log(1+r)
10^.0365 = 1 + r
1.08775 - 1 = r
r = 8.775%.
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A revenue bond is a special type of municipal bond distinguished
Answer:
The yields are perhaps the most unpredictable for the small cap fund since the securities in this account are the most risky. It does not mean that the fund is awful, only that the danger is greater, and thus the overall return is greater.If you are prepared to accept the extra risk in expectancy of a greater return, you should like to put money in this fund. The increased costs for this Fund will be anticipated.Small cap funds typically have higher spending due largely to greater operating costs, along with lower resource analysis.
Answer:
correct option is C : $3,971
Explanation:
given data
salvage value = $10,000
time = 12 year
rate = 8 %
to find out
what is the present value of the equipment's salvage value
solution
we get here present value of the equipment salvage value that is express as
present value of the equipment = $10000 × Present value of discounting factor
put here value we get
=
=
= 3971
so correct option is C : $3,971