$9.001% is the internal rate of return of this machine. as the initial investment of $43,158.
<h3>What is
internal rate of return?</h3>
The internal rate of return is the cost of borrowing at which the aggregate of all cash flows equals zero, and it is being used to analyze one investment to another.
If the person change 8% with 13.92% in the given example, the NPV becomes 0, and the IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's net present value becomes zero.
Thus, $9.001% is the internal rate of return.
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Answer:
$1070.55
Explanation:
Expense ratio is the fee charged by fund managers for managing your investment.
so if you invest $58,500 assuming no return this year, the fee deductible would be simply 1.83% of $58,500
This amounts to $1070.55
Hope this helps.
Answer:
Wanda is most likely to refuse.
Explanation:
The stage 4 of Kohlberg's Moral Development Model is defined as the Law and Order Orientation Stage, in which doing what is dutiful is paramount. If Wanda accepted his supervisor's demands, she would be breaking a law (the GAAP), and this act would therefore go against what the Kohlberg's model proposes. She will most likely respect the law despite the conquesequences that this might have on her personal life (for example, being fired).