Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

problem: Patrick has 2400 dollar that he is looking to invest. His brother approached him with investment opportunities that can double his money in 4 years. Determine interest rate would the investment have to yield in order for Patrick's brother to deliver on his promise.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M917624

Have any Question? 


Related Questions in Basic Finance

1 list in order the major sections that all research papers

1. List in order the major sections that all research papers must have. 2. What is the purpose of the introduction of a paper? 3. When presenting the results of statistical analyses, what information should be presented? ...

List two advantages from the investor point of view of an

List two advantages, from the investor point of view, of an exchange traded fund, vis-a-vis a closed-end fund? Distinguish between a defined benefit pension plan and a defined contribution plan? List at least three funct ...

According to mary goldberg the chance to invest in new

According to Mary Goldberg, the chance to invest in New World Explorations was "too good to pass up," and she lost $10,000. Why do you think so many people are taken in by get-rich-quick schemes?

1 why consider agency and corporate bonds over treasuries2

1. Why consider agency and corporate bonds over Treasuries? 2. What are the major reasons why investors should consider buying convertible bonds? 3. What are the risks of zero-coupon securities?

Financial management please respond to the

Financial Management" Please respond to the following: • Explain the three methods for calculating credit card interest and your reason for going with a particular method. • Provide an example of how you can use the powe ...

Investigators studying the mass transfer from single

Investigators studying the mass transfer from single spheres recommended the generalized equation Sh = 2.0 + CRe m Sc 1/3 As discussed in section, the value of 2 can be derived theoretically by considering the molecular ...

What are the three ways in which derivatives can be misused

What are the three ways in which derivatives can be misused? Contrast dollar return and percentage return. Be sure to identify which return is more useful when comparing investments? Compare and contrast options and forw ...

Sunshine farms withering since naftasunshine farms incis a

SUNSHINE FARMS WITHERING SINCE NAFTA Sunshine Farms Inc.is a fourth-generation family business located in south Florida. Sunshine began as a small farm devoted to citrus fruits and vegetables, and over the years the comp ...

Project finance is difficult to define what are its

Project finance is difficult to define. What are its essential features? When deciding whether or not to back a project finance proposition, what essential features do potential lenders home in on?

Ace investment company is considering the purchase of the

Ace Investment Company is considering the purchase of the Apartment Arms project. Next year's NOI and cash flow is expected to be $2,000,000, and based on Ace's economic forecast, market supply and demand and vacancy lev ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro