The rule of 70 applies in any growth-rate application. Let’s say you have $2000.00 in savings...

The rule of 70 applies in any growth-rate application. Let’s say you have $2000.00 in savings and you have three alternatives for investing these funds. How many years would it take to double your savings in each of the following three accounts? In all cases, give your answers to two decimals.

a. a savings account earning 1.00% interest ______     years

b. a U.S. Treasury bond earning 2.00% interest _______   years

c. a stock market mutual fund earning 8.50% interest __________     years

Expert Solution

Rahul Sunny answered 2 years ago

Question Set 3: Rule of 70 The following table details the growth rate in RGDP per...

Question Set 3: Rule of 70 The following table details the growth rate in RGDP per capita for the countries listed from 1975 to 2009. Country Growth Rate in RGDP per Capita Botswana 4.23 Kenya 0.43 Malawi -0.95 Rwanda 1.09 Uganda 1.25 Taking the information in the table into consideration, answer the following question: If each country continues to grow at the rate it grew from 1975-2009, how long would it take RGDP per capita to double in each country?

Does the rate of actual economic growth have any effect on the rate of potential growth...

Does the rate of actual economic growth have any effect on the rate of potential growth and why may one country experience a faster rate of growth than another? word count is 1000 words

So let’s say you have a beaker that contains 6.02g ammonium chloride and to this you...

So let’s say you have a beaker that contains 6.02g ammonium chloride and to this you add 300.0mL of 0.450 M calcium hydroxide according to the following chemical equation: Ca(OH)2(aq) + 2NH4Cl(s)  CaCl2(aq) + 2H2O(l) + 2NH3(g) H = +90.66 kJ A) draw the beaker at the end of the reaction- what would be in the beaker and or around it. what would the products look like on a molecular/atom/ion level? B) at STP, how many L of your...

So let’s say you have a beaker that contains 78.8g of ammonium carbonate and to this...

So let’s say you have a beaker that contains 78.8g of ammonium carbonate and to this you add 175 mL of 5.80 M hydrochloric acid according to the following chemical equation: 2HCl(aq) + (NH4)2CO3(s) -- > 2NH4Cl(aq) + H2O(l) + CO2(g) .DeltaH = -145 kJ A) Draw the beaker at the end of the reaction - what would e in the beaker and/or around it. What would the products look like on a molecular/atom/ion level? B) Why would water vapor...

Let’s say you have the ciphertext for the given plaintext. Plaintext: it was disclosed yesterday that...

Let’s say you have the ciphertext for the given plaintext. Plaintext: it was disclosed yesterday that several informal but direct contacts have been made with political representatives of the viet cong in Moscow Ciphertext: UZQSOVUOHXMOPVGPOZPEVSGZWSZOPFPESXUDBMETSXAIZVUEPHZHMDZSHZOWSFPAPPDTSVPQUZWYMXUZUHSXEPYEPOPDZSZUFPOMBZWPFUPZHMDJUDTMOHMQ Can you determine the cipher used? If yes, name the cipher. Explain why. Can you determine all/part of the key. If yes, give the key or part of the key. Explain how you deduced it.

So let’s say you have a beaker that contains 15.2 g sodium sulfite and to this...

So let’s say you have a beaker that contains 15.2 g sodium sulfite and to this you add 150. mL of 1.25 M nitric acid according to the following chemical equation: Na2SO3(s) + 2HNO3 (aq)  2NaNO3 (aq)+ H2O(l) + SO2 (g) H = -225. kJ A). Draw the beaker at the end of the reaction. What would e in the beaker and/or around it. What would the products look like on a molecular/atom/ion level? B). At STP, how many...

Let’s say you wanted to have a communications satellite orbit the Moon so that it stayed...

Let’s say you wanted to have a communications satellite orbit the Moon so that it stayed exactly above one point of the Moon’s equator (similar to a geosynchronous here on Earth). What would the linear speed and lunar altitude of your communications satellite be?

Let’s say you have a light shop where you sale and purchase having different types of...

Let’s say you have a light shop where you sale and purchase having different types of light and different electric appliances. Now using principles of OOP I want you want make an OOP program which can cater the aforementioned problem.(show different types of purchase and sales ) C#

Let’s say you have an unfair six-sided die that lands on 2 exactly 20% of the...

Let’s say you have an unfair six-sided die that lands on 2 exactly 20% of the time. If you roll this “loaded” die 5 times, what are the odds that you: (a) never roll a 2, (b) roll a 2 two times, or (c) roll a 2 more than two times? (use excel and show functions)

Let’s say the economy has fallen into a recession and the inflation rate falls to zero...

Let’s say the economy has fallen into a recession and the inflation rate falls to zero percent. a) What open market operations is the Reserve Bank of Australia likely to engage in? b) Why is the interest elasticity of investment important to the Reserve Bank’s decision regarding interest rates?

Question