subject
Business, 28.02.2020 22:45 kaamri97

If Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it take for her investment to grow into $100,000?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:00
Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?
Answers: 1
question
Business, 22.06.2019 21:50
By which distribution system is more than 90 percent of u.s. coal shipped? a. pipelinesb. trucksc. waterwaysd. railroadse. none of the above
Answers: 1
question
Business, 22.06.2019 23:00
The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading
Answers: 2
question
Business, 23.06.2019 06:30
What did surprise you in personalities
Answers: 1
You know the right answer?
If Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it t...
Questions
question
Social Studies, 26.09.2019 19:30
Questions on the website: 13722361