Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i invested $5000 in the karen halloween face mask

I invested $5000 in the Karen Halloween Face Mask Corporation at 5% compounded...

80.2K

Verified Solution

Question

Accounting

I invested $5000 in the Karen Halloween Face Mask Corporation at 5% compounded semi-annually. I got out $7500. How long did I have my money invested with them? (Tip: don't invest with the Karen Corp. Always complaining and wanting to see the manager. Tres boring!). Answer in years to one decimal place.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

12 Continuing with information from 6 For the study of Jordanian children the sample mean...

Chemistry
1.2K views

Determinar la molaridad de una solución que contiene 60 g. de NaOH en 500 ml. de...

Biology
1.2K views

During translation which step occurs immediately after the ribosome finds the start codon on mRNA...

Physics
1.2K views

A ceiling fan of moment of inertia 30 kgm rotates about its own axis at...

Physics
1.2K views

3 450 MJ m 25 A uniform wire of length 3m and mass 10 kg...

Calculus
1.2K views

Use Part 1 of the Fundamental Theorem of Calculus to find the derivative of the...

Algebra
1.2K views

All solutions [x, y, z] of the linear equation9x - 25y + 24z = -20geometrically...

Accounting
1.2K views

Garden Sales, Incorporated, sells garden supplies. Management is planning its cash needs for the second...

Accounting
1.2K views

Question A business owner is trying to understand the Conceptual Framework. Create an example...

Accounting
1.2K views

QUESTION 1 The term "Retained Earnings" is best explained by which of the following statements?...

Accounting
1.2K views

"supply chain management " - E-Grocery . Type of racking mechanism will be used...

Accounting
1.2K views

ate Law | Semester 2 2021 Question 3 Do (a) proprietary companies and (b) public...