Time to accumulate a given sum personal finance problem manuel rios wishes to determine how long it will take an initial deposit of $12 comma 00012,000 to double.

a. if manuel earns 1313% annual interest on the deposit, how long will it take for him to double his money?

b. how long will it take if he earns only 1010% annual interest?

c. how long will it take if he can earn 1515% annual interest?

d. reviewing your findings in parts a, b, and c, indicate what relationship exists between the interest rate and the amount of time it will take manuel to double his money.

a. if manuel earns 1313% annual interest, the amount of time to double his money is nothing years. (round to two decimal places.)

How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in