A store shows a net profit of $65,250 for the year. If the store profit increases by 3.75% per year for the next 15 years what will the net profit be at that point?

Q3. $4,000 was invested in an account that pays 3.5% interest compounded continuously. How many years will pass before this investment will quadruple? Round the result to two decimal places.

Find the economic profit for this scenario.    Principal: $10,000    Rate: 5.5% compounded monthly    Time: 2 years    Risk free rate: 3.5% annually

A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual interest. How much should the retiree invest to achieve the desired return?

An investor anticipates that land values for a site will be worth $100,000 in five years. If real estate taxes are expected to be $2,500 each year, how much can the investor pay today for the site and still earn a 15 percent return on his investment?

Cate purchases $1600 worth of stock and her broker estimates it will increase in value by 4.2% each year. After about how many years will the value of Cate' stock be about $2000? after 6 year after 20 years after 2 years after 3 years

You bought some stock, and then the stock price went down by 16.48% from the purchase price. By what percentage would the price have to increase for the investment to be back to the original value?

Suppose you owe $18,000 on a credit card that carries an APR of 24%. Because the balance is so high, you choose to stop charging and pay off the card. You can afford to make only the minimum monthly payment, which is 5% of the balance. Then your balance after t months is given by B = 18,000(1.02 ✕ 0.95)t  dollars. How many payments will you have to make to get the balance below $100?

In the last three years, there have been changes of 55%, 3% and 2% in the production amount of a good, respectively. What is the geometric mean of the annual rate of change?

You invest $12,000 at an annual rate of three percent. Find the balance after five years when the interest is compounded monthly.