Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you have an investenent acoount that stated with $

You have an investenent acoount that stated with $4,00010 years ago asd which now has...

80.2K

Verified Solution

Question

Finance

image
You have an investenent acoount that stated with $4,00010 years ago asd which now has grown to $12,000 a. What annual rate of retum heve you eamed (you have made no addtional contributions to the account? b. If the savings bond earns 15% per year from now on, what wil the account value be 10 years from now? a. What annual rate of retum have you earned (you have made no additional contributions to the accounty? Vour annual rate of return is \%. (Round to two decimal places.)

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

Accounting
1.2K views

[The following information applies to the questions displayed below.] The following partially completed process cost summary describes the...

Medical Sciences
1.2K views

How do pacemaker cells generate a rhythmic action potential? What makes them autorhythmic?

Biology
1.2K views

if cellular respiration is blocked , can cells switch to a backup method for making ATP?

Chemistry
1.2K views

In the laboratory you dissolve 15.0 g of iron(III) nitrate in a volumetric flask and add water...

Basic Math
1.2K views

7 Lanoxin 0 125 mg po BID has been ordered You have Lanoxin tablets 250...

Statistics
1.2K views

A parabola best represents the data because there is not a constant rate of change...

Accounting
1.2K views

Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 210,000...

Accounting
1.2K views

The project is adapted from the Chapter 4 Case Study dealing with NorthSouth Airline In...

Accounting
1.2K views

The following information is from Los Gringos Locos, Inc. 20202019Net sales$8,000 $7,600 Cost of...

Accounting
1.2K views

Each asset is todepreciated over its entireuseful life and each assetshould depreciated on aseparate page.A....

Accounting
1.2K views

Ivanhoe Co. records purchases at net amounts and uses periodic inventories. Prepare entries for the...

Finance
1.2K views

All BUT one of the following is NOT a model used to compute cost of...