Percent interest-compounded annually
Problem:
On your ninth birthday, you received $300 which you invested at 4.5 percent interest, compounded annually. Your investment is now worth $756. How old are you today? Age 29 ages 30 ages 31 ages 32 ages 33
Please show your all workings.
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What are the arithmetic and geometric average returns for a stock with annual returns of 4%, 9%, -6%, and 18%?
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Your company is about as risky as the average firm in the industry, but it has just successfully completed some R&D work that leads you to expect that its earnings and dividends will grow at a rate of 50% [D1 = D0 (1 + g) = D0 (1.50)] this yea
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