How to solve this: I hold $100 to invest at 8% per year compounded monthly. How long until I own $150?
How long until I have $150 if the compounding is continuous?Please show me how to solve this math problem... Thanks
Answers: You own 2 questions. In the first, you hold to find the effective rate:
1) Compounded monthly:
influential annual rate = [1 + (.08/12)]^12 -1 = 8.3%
i) ln(PV/FV)/ln(1+i)
ii) ln(150/100)/ln(1+.083)
iii) .405465/.079735
iv) 5.085 years
2) Continuous Compounding:
i) FV = PV(e^rn)
ii) $150 = $100(e^.08n)
iii) 1.5 = e^.08n
iv) 1.5 = (e^.08)^n
v) ln(1.5) = .08n
vi) .405465 = .08n
vii) n = 5.068 years
Roughly 5 years and 3 months.
100 x 1.08^5 = 146.93
100 x 1.08^6 = 158.69
Is at hand any instrument we can invest within grease?
I feel resembling i already have!Thank youAnswers: Get contained by touch with a stock broker or your ridge financial department. The answer is yes.
Crude oil is the world's most actively traded commodity.
On Nymex you can buy Light Sweet Crude Oil - Futures or option.
http://www.nymex.com/lsco_pre_agree.aspx
Also you can buy a tank full of grease ,store it till price will go to 200 approaching in Mad Max haha
CVX. hold a look at its 5yr and lifetime appreciation.. Plus is has a fully clad dividend.
Get it now while it is down.
Edit: Addressing the comment of the guy below me. Look, I'm not defending CVX, it is a stodgy ancient company, but anyone worth their salt will put in the picture you the price of the stock alone is irrelevant. Take a look at PE ratio (the lower the better): CVX = 8.2, HKN = 27.4. Look at the dividend CVX = 2.80%, HKN = 0%. And look at appreciation: CVX has be appreciating steadily since before 1970. HKN tanked big-time contained by the 1990's and has be all over the map surrounded by the last 5 yrs. Anyway, if you resembling high risk, HKN is a angelic choice.
You can sometimes invest in drilling venture for around $5000 or more. The return can be incredible if successful. However, the historical record shows that from year to year, of the exploratory well drilled, only one-in-9 to one-in-11 are economically viable. In other words within is a 90% chance you'll lose.
PS - I concluding invested in a wildcat surrounded by a joint activity with the branch of Prudential Insurance that does such things (lost it adjectives; well come in but later ran dry a minute later). I tell you this so you will know that the stock marketplace isn't the only passageway to do this kind of entry. Do your research. It is a high bucks winter sport with both glorious rewards and high risk.
are you serious? dude u must be kid mewith ur quetions..
this sows yahoo is a place for dump and stupid people..
When is Apple going to have a stock split?
Answers: When and if they decide.
whenever they want...they have not announced such plans. But trust me you don't wanna buy apple they just fell like crazy. Well maybe this is the time to buy