Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

[A] I have an investment of $1000 which accumulates 20 percent per year but on a DAILY basis. That means that every day the capital is rising by an additional $2.7777 [1000/360 = 2.7777]. What I need is to have M.S. Excel 2007 computing every time I open the spreadsheet how much did my investment grow. On the 3rd day it will tell me $8.3331 & the next day will automatically update to dollar 11.1108.

[B] This is the data I have:

(a) Date of purchase of the capital ($1000).

(b) Date that the capital starts to accumulate interest.

(c) Rate of the investment.

(d) Rate of interest.

(e) This is what I need: Interest growth as today.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M920800

Have any Question? 


Related Questions in Basic Finance

Question 1the holding-company device to control two or more

Question 1 The holding-company device to control two or more commercial banks: has diminished in importance in recent years has increased in importance in recent years is limited to state chartered banks is sometimes des ...

Comprehensive problemuse what you have learned about the

Comprehensive Problem Use what you have learned about the time value of money to analyze each of the following decisions: Decision #1: Which set of Cash Flows is worth more now? Assume that your grandmother wants to give ...

You just acquired a mortgage in the amount of 249500 at 675

You just acquired a mortgage in the amount of $249,500 at 6.75 percent interest, compounded monthly. Equal payments are to be made at the end of each month for thirty years. How much of the first loan payment is interest ...

For decades 1 british pound has been worth more than 1 us

For decades, 1 British pound has been worth more than 1 U.S. dollar. One Japanese yen has been worth less than 0.01 U.S. dollars (1 cent). So a pound is more than 100 times as valuable as a yen. Does this difference matt ...

Assignment1 go to the ishares website at wwwisharescom and

Assignment 1. Go to the iShares website at www.ishares.com, and look up information about the following bond index funds: Barclays 1-3 Year Credit Bond Fund (CSJ) Barclays Intermediate Credit Bond Fund (CIU) iShares 10+ ...

Define the various capital budgeting methods such as net

Define the various capital budgeting methods such as net present value (NPV), internal rate of return (IRR), and so on, and explain how they differ from one another. Identify which, if any, of the methods discussed might ...

Global interaction of interest rates why might you expect

Global Interaction of Interest Rates : Why might you expect interest rate movements of various industrialized countries to be more highly correlated in recent years than in earlier years?

Exercise 1adiscuss the following claim in a world without

Exercise 1 a) Discuss the following claim "In a world without transaction costs, information costs, financial intermediaries would not exist" b) In 2008, as the financial crisis started to develop in the US, the US gover ...

The growth in global sourcing and supply often

The growth in global sourcing and supply often levels  the playing field for adding worldwide value. Companies need at least to  consider, if not implement, global value chains as their predominant mode of  business. The ...

Question 1finance has its origins ina economics and

Question 1 Finance has its origins in: a. economics and statistics b. accounting and sociology c. accounting and economics d. psychology and mathematics Question 2 Successful businesses typically progress through a serie ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate