Blog

Starting to invest earlier for retirement increases the benefits of compound interest.

A 5-year $100 annuity due will have a higher present value than a 5-year $100 ordinary annuity.

If we are given a periodic interest rate, say a monthly rate, we can find the effective annual rate (EAR) by multiplying the periodic rate by the number of periods per year.

Starting to invest later for retirement increases the benefits of compound interest.

What does the g designate in g.225A>C?

If an investment pays 10 percent interest compounded quarterly, its effective annual rate will also be 10 percent.

Suppose you invested $1,000 in stocks 10 years ago. If your account is now worth $2,839.42, what rate of return did your stocks earn?

Consumers typically categorize objects at the ________________________

Suppose that a contract will pay you $200 in one year (t=1), $500 in three years (t=3), and $300 in five years (t=5). What is the future (terminal) value of the contract at the end of year 5 with 12% compound annual interest?

Which of the following laboratory methods used to detect mutations relies on differences in dissociation of double-stranded DNA into single-stranded DNA at different points in a gel?