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3 years ago

Brenda invested 11,000 into a fund that is expected to grow by 4.75% per year how long will it take the fund to b worth 22000

Business

2 answers:

Zolol [24]3 years ago

5 0

Answer:

15.16 years (about 1 year and 3 months)

Explanation:

The "Rule of 72" is a way to estimate how long it will take an investment to double (in this case from $11,000 to $22,000). To calculate, simply divide 72 by the fixed interest rate to find number of years:

72/4.75 = 15.16 years (rounded)

guapka [62]3 years ago

4 0

The answer to your question is (about 15 year)

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Your company has earnings per share of $ 4.19. It has 1.9 million shares outstanding, each of which has a price of $59. You are

sveticcg [70]

Answer:

If the current earnings per share of TargetCo. are $2.10, and the times earnings multiple is 12, the relative valuation should result in a $2.10 x 12 = $25.20 per stock. This means that the premium per stock = $25.20 - $21 = $4.20, and the total premium paid for all the 1.9 million shares = $7.98 million.

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3 years ago

Something you enjoy or want to know more about is a(n) _____.

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The answer is B. Interest

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3 years ago

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The following two assets and payout data are given below: Asset A: Pays a return of $2,000 20% of the time and $500 80% of t

andrew-mc [135]

Answer:

I would prefer Asset B

Explanation:

A risk averse investor is the one who prefers lower amount of returns with known or specific risks instead of the higher amount of returns with unknown risks. So, from among the various level of risks, the investor will be preferring the alternative with the least interest.

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In Asset A: pay a return of $2,000 and at 20% of time and the $500 at 80% of time.

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So, I would prefer, Asset B as it has low return but have a known risk that is of 50 -50.

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3 years ago

Two months ago, Lisa was honorably discharged from the Air Force where she spent four years training as an airplane mechanic. Af

Colt1911 [192]

Answer:

The maximum mortgage payment (PITI) a lender would allow for a conventional loan based on the housing expense ratio is:

$1,506.40

Explanation:

a) Data and Calculations:

Lisa works 40 hours at $18 an hour

Lisa weekly income = 40 * $18 = $720

Lisa monthly income = 40 *$18 * 4 = $2,880

Dave weekly income = $625

Dave's monthly income = $625 * 4 = 2,500

Total joint monthly income = $5,380

b) If Lisa and Dave, her husband, file jointly for taxes, then the maximum mortgage payment (PITI) they can make is 28% of the gross income.

Therefore PITI = $5,380 * 28% = $1,506.40

c) The housing expense ratio is the percentage of your gross monthly income devoted to housing expenses, which should not exceed 36% of your monthly or annual gross income. According to the general rule, the household expense payments, primarily rent or mortgage payments, cannot exceed more than 28% of the monthly or annual income.

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3 years ago

Will a u.s. treasury bill have a risk premium that is higher than, lower than, or the same as that of a similar security (in ter

aleksklad [387]

A U.S. Treasury bill will have a lower risk premium since U.S. government-issued securities are usually considered to be default free.

In comparison to a company bond with a Baa rating, a company bond with a score will have a higher risk premium on its interest. While compared to corporate bonds with a Baa rating, the C grade bond has a higher default risk, which reduces demand and increases interest rates.

The equity risk premium enables to set portfolio go back expectancies and decide asset allocation. A better top rate implies that you might make investments a greater percentage of your portfolio into shares. Capital asset pricing also relates a inventories anticipated go back to the equity premium.

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2 years ago