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OLga [1]
2 years ago
11

Interest rate​ (with changing​ years). Keiko is looking at the following investment choices and wants to know what annual rate o

f return each choice produces. a.  Invest ​$360.00 and receive ​$788.17 in 11 years. b.  Invest ​$3 comma 000.00 and receive ​$11 comma 499.87 in 17 years. c.  Invest ​$31 comma 542.31 and receive ​$140 comma 000.00 in 22 years. d.  Invest ​$32 comma 895.12 and receive ​$1 comma 100 comma 000.00 in 40 years.
Business
1 answer:
olga2289 [7]2 years ago
7 0

Answer:

7.38%

8.23%

7.01%

9.17%

Explanation:

Rate of return = (future value / amount invested)^(1/n) - 1

n = number of years

a. (788.17 / 360)^(1/11) - 1 = 7.38%

b. (11.499.87 / 3000) ^(1/17) - 1 = 8.23

c. (140,000 / 31,542.31)^(1/22) - 1 = 7.01

d. (1,100,000 / 32895.12)^(1/40) - 1 = 9.17

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6 0
3 years ago
Suppose that, in an attempt to combat severe unemployment, the government decides to increase the amount of money in circulation
ELEN [110]

Answer:

increases

higher

more

lower

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Explanation:

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5 0
3 years ago
what a successful entrepreneur's profile is and to determine whether your personal characteristics fit that profile. I
ANTONII [103]

Answer:

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7 0
3 years ago
Atlanta Cement, Inc. buys on terms of 2/15, net 30. It does not take discounts, and it typically pays 65 days after the invoice
shusha [124]

Answer:

The nominal annual percentage cost of its non-free trade credit, based on a 365-day year is 0.2795%

Explanation:

The computation of the nominal annual percentage is shown below:

= Discount rate ÷ (100 - discount rate) × ({Total number of days ÷ payable days} - discount days)

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just olya [345]

Answer:

The correct answer is letter "C": Cash, marketable securities, and receivables.

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The quick assets of a company can easily be converted into cash. Quick assets include <em>cash, account receivables, </em>and<em> marketable securities</em>, which are equity and debt securities that can be converted into cash within one year. To calculate the company's quick assets add its cash, account receivables, and marketable securities and subtract its inventory from that result.

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