(Advanced analysis) Susie has $500 invested in a financial asset earning an annually compounded interest rate of 8 percent. If Susie plans to cash in the asset when it is worth $700, about how long will she have to wait?
A. 4.4 years.
B. 5 years.
C. 6.1 years.
D. 8 years.
A. 4.4 years.
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If the dollar appreciates and foreign goods become less expensive, the total planned expenditures on domestic goods and services will
A) increase due to the open economy effect. B) fall due to the interest rate effect. C) fall due to the open economy effect. D) increase due to the interest rate effect.
All of the following can cause conflict between divisions EXCEPT
a. Divisional managers are rewarded on the profitability of the firm, instead of profitability of the division b. managers of profit centers care too little about the effects of their decisions on other divisions c. managers are rewarded only for how much profit their division generates d. corporate executives cannot tell when one divisional manager's decisions are appropriate or not
If at 4,000 units, the price the firm can charge is higher than its AVC and lower than its ATC, then the firm will earn a profit
Indicate whether the statement is true or false
When cash or coins are deposited in a transactions account at a bank, the money supply immediately increases by the amount of the deposit multiplied by the money multiplier.
Answer the following statement true (T) or false (F)