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Gre4nikov [31]
3 years ago
11

What annual rate of return is earned on a $1,000 investment when it grows to $2,300 in six years? (Do not round intermediate cal

culations. Round your answer to 2 decimal places.)
Business
1 answer:
Paul [167]3 years ago
5 0

Answer:

14.89%

Explanation:

Present value: $1,000

Future value: $2,300

Tenor = 6 years

FV = PV * (1+ rate) ^tenor

⇔2,300 = 1,000 * (1 + rate) ^6

⇔(1+rate)^6 = 2300/1000 = 2.3

⇔ 1+ rate = 2.3^(1/6) = 1.1489

=> Rate = 1.1489-1  =0.1489   = 14.89%

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Is skyrim special edition worth it if you have the original
xenn [34]
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So if you're looking to take your PS3/XB360 copy to the next level then I'd say yes, personally.

The PC version gets you the DLC's thrown in and that's all, assuming you don't own any of the DLC's this might be he better value overall depending on offers, so do some research, you're not gaining anything bar the DLC's though, you could already get the texture pack and mod.

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6 0
3 years ago
Read 2 more answers
Real GDPa.is the current dollar value of all goods produced by the citizens of an economy within a given time. b.measures econom
Gre4nikov [31]

Answer:all of the above are Correct (D)

Explanation:

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3 0
2 years ago
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

Answer: Option B

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These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
Certain types of contracts must be in writing pursuant to the statute of​ _____.
marta [7]

Certain types of contracts must be in writing pursuant to the statute of​ "frauds".


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5 0
2 years ago
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aleksklad [387]

Explanation:

I dont really know. You can ask the tutors tho.

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