0
How to do an investment is earning 10 per annum compound interestHow long will ot take for the investment to double in value method an explanation?
To determine how long it will take for an investment to double in value at a compound interest rate of 10% per annum, you can use the Rule of 72. This rule states that you divide 72 by the annual interest rate (in percentage) to estimate the number of years needed to double your investment. In this case, 72 ÷ 10 = 7.2 years. Therefore, it will take approximately 7.2 years for the investment to double.
What else can I help you with?
Can you explain how compound interest works with stocks?
Compound interest with stocks refers to the process of earning interest on both the initial investment and the accumulated interest over time. When you invest in stocks, any returns you earn are reinvested, allowing your investment to grow exponentially. This compounding effect can lead to significant growth in your investment over the long term.
What are non earning asset?
other assets and investment securities
What is earning interest on interest called?
Compound interest
Meaning of non-trade investments?
investment made for the purpose of earning dividend/interest .that is called non-trade investment.
What is the graph representing compound interest?
A graph representing compound interest typically shows an exponential curve, illustrating how the investment grows over time. The x-axis usually represents time (in years), while the y-axis represents the investment value. As time increases, the curve rises steeply due to the effects of earning interest on both the initial principal and the accumulated interest, demonstrating the power of compounding. This visual emphasizes the importance of long-term investment and the acceleration of growth as time progresses.
What are the rewards in buying shares?
Of stock I presume? If so, the reward is return on investment. You invest your money the stock grows you cash out, thus earning a return on investment.
What are a few types of investment income?
There are several different types of investment incomes. There are Predictable Investment Incomes, Variable Investment Incomes, and Guaranteed Investment Incomes.
How long does an investment earning 9 percent take to double in value?
8.0432 years (rounded) if compounded annually.
What is the least profitable investment for a cell phone company earning 10 per plan contract?
Suck my nutsidk
Definition of investment houses?
Investment houses are houses that are owned by an individual or a business, but are meant for earning rental income. The owners do not live in them because they prefer occupants who will pay up the rent.
What is the maths formula for compound interest?
principal - Pinterest - Irate % - Rtime - Tamount -ATHE FORMULA FOR CALCULATING INTERESTI = P * R* T---------100A = P + IA = P * R* T---------100i.e., A = P[ 1 + RT]--------100FOR COMPOUND INTEREST:C.I = final amount - original principal= amount - principal
What makes compound interest the most powerful force in the universe?
Compound interest is considered the most powerful force in the universe because it allows money to grow exponentially over time by earning interest on both the initial investment and the accumulated interest. This compounding effect can lead to significant wealth accumulation over long periods, making it a key factor in financial success.
