Answer: 9.20 
Explanation:
In finance there is a rule for calculating this called 'The Rule of 70'. 
With The Rule of 70, you are able to calculate the amount of time it will take an investment to double if you divide 70 by the growth rate of the investment. 
In this scenario, the investment is your salary and the growth rate is 7.61% pee year. 
The amount of time it will take to double is therefore,
= 70 / 7.61
= 9.19842312746
= 9.20 years. 
It will take 9.20 years to double. 
 
        
             
        
        
        
Answer:
$880.31
Explanation:
Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment
Given that,  
Assuming Future value = $1,000
Rate of interest = 8.6%  ÷ 2 = 4.3%
NPER = 8 years  × 2 = 16
PMT = $1,000 × 6.5% ÷  2 = $32.50
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the new price of the bond is $880.31
 
        
             
        
        
        
Answer:
<em>For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.</em>
Explanation:
<em>M1 money supply comprises of  currency in physical form and coin, the demand deposit( check-able) travelers check</em>
<em>
M2 money supply comprises of  Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises   money.  that is less liquid/</em>
- <em>
Kenji has $25000 in a money market account - it belongs to the category of  M2 money supply.</em>
- <em>  Lucia has $8000 in a two year CD, it belongs to the category - M2  which is money supply
</em>
- <em>Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the  physical currency. these category belongs in M1. As M2 money supply contains  M1 therefore this example also belongs in M2.
</em>
 
        
             
        
        
        
Answer:
$5,500 USD
Explanation:
Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500
 
        
             
        
        
        
Answer:
investments.
Explanation:
Intangible assets are assets that cannot be physically seen. Example of intangible assets are parents, copyrights, goodwill, trademark etc
I hope my answer helps you