![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 06.03.2021 01:00, miriamnelson7545
During the thirteen years he ran it, an investment firm's CEO reportedly earned an annual rate of retum of over 100 percent, potentially turning an initial investment of $1 million into more than $11 million by the time he left in 2000
a. What rate of retum, compounded annually, would turn $1 million into $11 million by 2000?
b. The actual rate of return during the thirteen years the CEO ran the investment firm was 106%. How much would $1 million, compounded annually be worth after 13 years?
(Do not round until the final answer. Then round to the nearest hundredth as needed.)
![answer](/tpl/images/cats/otvet.png)
Answers: 2
Other questions on the subject: Mathematics
![image](/tpl/images/cats/mat.png)
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 22:30, hala201490
Avery’s piggy bank has 300 nickels, 450 pennies, and 150 dimes. she randomly picks three coins. each time she picks a coin, she makes a note of it and puts it back into the piggy bank before picking the next coin.
Answers: 1
![image](/tpl/images/cats/mat.png)
Mathematics, 22.06.2019 00:30, tdyson3p6xvtu
Select the correct answer from each drop-down menu. let c(g) be the total cost, including shoe rental, for bowling g games at pin town lanes. c(g) = 5g+3 so, c(6) = 8? 33? 30? or 14? this means that for a $6 shoe rental? for $6 per game? for 6 games? for a total cost of $6? , the games are $8 each? total cost is $33? number of games is 14? or total cost is $30? reset next
Answers: 1
Do you know the correct answer?
During the thirteen years he ran it, an investment firm's CEO reportedly earned an annual rate of re...
Questions in other subjects:
![Konu](/tpl/images/cats/istoriya.png)
History, 13.01.2021 02:20
![Konu](/tpl/images/cats/en.png)
English, 13.01.2021 02:20
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/biologiya.png)
Biology, 13.01.2021 02:20
![Konu](/tpl/images/cats/mkx.png)
Arts, 13.01.2021 02:20
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.01.2021 02:20
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.01.2021 02:20
![Konu](/tpl/images/cats/istoriya.png)