Assume an investor invests 100.00 EUR today at an annual interest rate of 0.40 %. His investment goal is to increase his

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Assume an investor invests 100.00 EUR today at an annual interest rate of 0.40 %. His investment goal is to increase his

Post by answerhappygod »

Assume An Investor Invests 100 00 Eur Today At An Annual Interest Rate Of 0 40 His Investment Goal Is To Increase His 1
Assume An Investor Invests 100 00 Eur Today At An Annual Interest Rate Of 0 40 His Investment Goal Is To Increase His 1 (42.86 KiB) Viewed 40 times
Assume an investor invests 100.00 EUR today at an annual interest rate of 0.40 %. His investment goal is to increase his initial investment by 16 EUR. After how many years has the investor reached his investment goal if you assume simple interest calculation? Select one: A. 16 years B. 12 years C. 4 years D. 40 years
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply