1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepladder [879]
3 years ago
10

You invested $4,500 in a project which gave you a return of 13.1% the 1st year. you were quite happy, but the 2nd year wasn't as

good. you lost 4.3% that year. the 3rd year was better - you made 5.9% on this investment. what was your annual average rate of return over the three years?
Business
1 answer:
Nadusha1986 [10]3 years ago
7 0

The annual average rate of return can be calculated by calculating the average of three years annual return on the investment.

It is given that the investment earned a positive return of 13.1% in the first year, a negative return of -4.3% in the second year and a positive return of 5.9% in the third year.

Hence the annual average rate of return shall be (13.1-4.3+5.9)/3 =<u> 4.9%</u>



You might be interested in
Greg is compiling a survey on consumer preferences. In order to achieve the most accurate snapshot of their likes and dislikes,
erik [133]

It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.

The method of data collection used in this case is known as Questionnaire.

  • The number of minute used by respondent to answer question on the questionnaire does not determine the accuracy of their inputs.

In conclusion, It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.

Read more about Respondent:

<em>brainly.com/question/18151532:</em>

<em />

8 0
2 years ago
The IRR rule states that firms should accept any project offering an internal rate of return in excess of the cost of capitalA.
gtnhenbr [62]

Answer:

A. True

Explanation:

Internal rate of return abbreviated as  IRR, is a capital budgeting technique used to evaluate the profitability of a potential project or an investment. In calculating the IRR,  the net present value of the project's cash inflows is set at zero.  Getting the actual value of the IRR is through trial and error, or specially programmed software.

IRR shows the growth rate a project or an investment is expected to generate. The higher the value, the better. As a rule, only projects whose IRR is greater than the minimum required rate of return should be accepted. The required rate of return is the same as the cost of capital for the project.

6 0
2 years ago
According to the World Banks's world development indicators, real gross domestic product (GDP) in sub-Saharan Africa in 2015 was
vovangra [49]

Answer:

0.12%

Explanation:

According to the given situation, the computation of E.U. emergency trust fund as a percentage of sub-Saharan GDP is shown below:-

E.U. emergency trust fund as a percentage of sub-Saharan GDP is

= (Amount of Plans ÷ Real gross domestic product) × 100

= (2 billion ÷ 1.65 trillion) × 100

= 0.12%

Therefore for computing the E.U. emergency trust fund as a percentage of sub-Saharan GDP we simply applied the above formula.

6 0
3 years ago
Which of the following is not an advantage of using conventional crude oil as an energy source? a.ample supply for several decad
Annette [7]

Answer:

The correct answer is letter "D": environmental costs included in market price.

Explanation:

Oil and other resources like natural gas are used as fuel and energy sources. However, <em>the environmental cost of extracting them is not included in the market price</em>. If that would happen, prices of those sources would not be accessible to regular consumers.  

The exploitation of oil emits methane which is a gas even more harmful to the environment than carbon dioxide. Governments in most cases regulate the oil exploitation considering the environmental impact of that activity.

3 0
2 years ago
An adjusting entry that increases an asset and increases a revenue is known as a(n):
quester [9]

<u>Answer:</u>

<em>An adjusting entry that increases an asset and increases a revenue is known as Accrued Revenue.</em>

<u>Explanation:</u>

when an organization has earned income yet hasn't yet gotten money or recorded a sum receivable For the<em> situation of gathered incomes</em>, we get money after we earned the income and recorded an advantage.

The modifying section for a collected income consistently incorporates a charge to an advantage account (increment a benefit) and an a worthy representative for an<em> income account (increment an income).</em>

7 0
2 years ago
Other questions:
  • What are the rights of incidental beneficiaries?
    11·1 answer
  • A person who risks his or her time, effort, and money to start and operate a business is called a(n)
    15·1 answer
  • Suppose an increase in the price of rubber coincides with an advance in the technology of tire production. As a result of these
    15·1 answer
  • Bonni wants to go into business for herself and knows she can start a corporation over the Internet. Instead she chooses to inve
    6·1 answer
  • The Chart Company has a process costing system. All materials are added when the process is first begun. At the beginning of Sep
    13·1 answer
  • Which of the following possible provisions of a bond indenture is designed to ease the burden of principal repayment by spreadin
    15·1 answer
  • Guerra Electronics manufactures a variety of electronic gadgets for use in the home. Which of the following would probably be th
    7·1 answer
  • Threads Inc., an apparel manufacturer, employs personal selling to market goods. Its employees handcraft products that are then
    15·1 answer
  • Markets for individuals looking to buy products or services for personal or household use are called _____.
    11·1 answer
  • The weighted average cost method uses the Blank______ cost for Cost of Goods Sold on the income statement and the Blank______ co
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!