Answer:
PAYBACK PERIOD
Year Cashflow Cummulative cashflow
$ $
0 (16,000) (16,000)
1 8,000 (8,000)
2 6,000 (2,000)
3 5,000 3000
4 6,000
5 5,000
Payback period
= 2 years + 2,000/5,000
= 2.4 years
Explanation:
In this case, we need to deduct the initial outlay from the cashflows for each year until the initial outlay is fully recovered.
I would say $7.00 per hour lol
Answer:
Yearly rate of return=25%
Monthly rate of return=0.0187%
Explanation:
Given present amount=$12
Given Future amount=$15
Using equation

Where F is the future amount,P is the present amount and is the interest rate.
As n=12 since there are 12 months in the year and if calculate yearly n=1
15=12(1+i)^12
i=0.0187% monthly
Answer:
Excerpt from Duty, Honor, Country / Every Man a King
General Douglas MacArthur / Huey P. Long
Duty, Honor, Country / Every Man a King
By: General Douglas MacArthur / Huey P. Long
Explanation: