How long wait for savings if interest compounded annually
You have $2,158 today in your savings account. How long must you wait for your savings to be worth $4,000 if you are earning 2.1 percent interest, compounded annually?26.68 years29.69 years32.13 years33.33 years34.14 years
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Becker Financial recently declared a 2-for-1 stock split. Prior to the split, the stock sold for $85 per share. If the firm's total market value is unchanged by the split, what will the stock price be following the split?
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How long must you wait for your savings to be worth $4,000 if you are earning 2.1 percent interest, compounded annually?
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Please respond to the following questions in a typed, double spaced, and academically written document. The length of your response should be between 400-600 words. When did you receive you undergraduate degree? What was your area of stud?
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