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

The past five monthly returns for pg company are 220

The past five monthly returns for PG Company are 2.20 percent, -3.4 percent, 5.20 percent, 4.7 percent, and 2.9 percent. What is the average monthly return?

1 what is an option premium what is an options intrinsic

1. What is an option premium? What is an option's intrinsic value? What other factors, besides intrinsic value, can affect the size of an option premium? 2. What is the Black-Scholes model? Who are the quants?  How can i ...

What factors would determine whether a particular strategy

What factors would determine whether a particular strategy is a hedge or a speculative strategy? How are spread and arbitrage strategies forms of speculation? How can they be interpreted as hedges? What are the differenc ...

1 if 2 buys pound1 and 22 buys pound1 how many euros are

1. If $2 buys £1 and 2.2 buys £1, how many euros are required to buy $1? 2. A student makes the following observation: "During May 2010, the euro depreciated sharply against the U.S. dollar. That was good news for attend ...

1 discuss the conditions where a multidomestic or regional

1. Discuss the conditions where a multidomestic or regional strategy might perform better than a transnational or international strategy. 2. Explain how global integration and local responsiveness might be successful in ...

We have seen that federal reserve chairman ben bernanke has

We have seen that Federal Reserve Chairman Ben Bernanke has argued that low interest rates in the United States during the mid-2000s were due to a global savings glut rather than to Federal Reserve policy. In an intervie ...

Write a ten page essay about investnment the essay can be

Write a ten page essay about investnment. The essay can be about why is it so appealing to learn investment, what are some benefits of learning investment, who are some best investors in the world, what were my favorite ...

1 the inflation rate is measured as the percentage change

1. The inflation rate is measured as the percentage change in a price index. a. True b. False 2. If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors. a. True b. False ...

For the correlational study described in problem 2 describe

For the correlational study described in Problem 2, describe how a third variable, such as family income or parents' educational level, might explain the relationship between academic performance and breakfast quality. E ...

A company has two divisions of equal size a computer

A company has two divisions of equal size: a computer manufacturing division and a data processing division. Its CFO believes that stand-alone data processor companies typically have a WACC of 8%, while stand-alone compu ...

  • 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