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
aniked [119]
3 years ago
11

If you buy a share of stock for $15 and sell it two years later for $18.50, what is the annual percent return (on a compounded b

asis) that you received for your investment?
Business
1 answer:
nadya68 [22]3 years ago
7 0

Answer:

11%

Explanation:

Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.

Both are related by

Fv = Pv(1 + r)^n

where Fv is the future amount

Pv is the present value

r = rate

n = time

As such,

18.5 = 15 (1 + r)^2

1.2333 =  (1 + r)^2

1 + r = 1.11

r = 0.11

the annual percent on returns is 11%

You might be interested in
Suppose that in an attempt to induce citizens to conserve energy, the government enacts regulations requiring all air conditione
Nana76 [90]

Answer:

(A) Because the regulation effectively reduced the price of cool air, consumers with sufficiently elastic demand might have bought substantially more of it.

Explanation:

If the demand for energy services remains constant, improving energy efficiency will reduce energy consumption and carbon emissions. However, many efficiency improvements do not reduce energy consumption by the amount provided by simple engineering models. This is because they make energy services cheaper and therefore increases the consumption of those services.

For example, since low-fuel vehicles make travel cheaper, consumers can choose to drive further, thus offsetting some of the possible energy savings. Similarly, an extensive historical analysis of improvements in technological efficiency has conclusively demonstrated that improvements in energy efficiency were almost always overcome by economic growth, which resulted in a net increase in resource use and associated contamination.

3 0
3 years ago
how much of the variation in worker wages can be accounted for by such measurable explanatory factors?
kumpel [21]

Answer:

I don't know. I think a lot of the variability in wages would be due to statistical noise.

7 0
2 years ago
Identify which group of accounts may require adjustments at the end of the accounting period.
FrozenT [24]

Answer:unearned revenue, Supplies, prepaid rent

Explanation:

7 0
3 years ago
The process by which power is distributed and decisions are made is known as:
notsponge [240]
The answer is D because when u give power to other people for them to make decisions your offering transference. Your transferring decisions to others.<span />
3 0
3 years ago
The following are characteristics of the __________ certification:
Natali [406]

Answer: Certified Forensic Computer Examiner

Explanation: A Certified forensic computer examiner gathers and analyses data from anything that has to do with information technology ( computers, tablets, the internet, etc.) for the establishment of facts.

6 0
3 years ago
Other questions:
  • Income allocation in a partnershipKramer and Knox began a partnership by investing $60,000 and $80,000, respectively. During its
    5·1 answer
  • What are three ways you can prevent others from committing check fraud with your check​
    13·1 answer
  • "Consumer sovereignty" means that Group of answer choices1. buyers can dictate the prices at which goods and services will be of
    11·1 answer
  • Pepper Company reports a $120,000 increase in inventory and a $40,000 increase in accounts payable during the year. Cost of Good
    12·1 answer
  • Sales for the year were $500,000. Accounts receivable were $100,000 and $80,000 at the beginning and end of the year, respective
    10·1 answer
  • Change from the fair value method to the equity method Assume an investor company acquires for $256,000 an 8% investment in the
    11·1 answer
  • In your own words, describe how to optimize a function given a set of constraints
    14·1 answer
  • vA $1,000 three-year par-value bond yields an effective annual interest rate of 6%. Coupons are paid on an annual basis at a rat
    12·1 answer
  • A company reported total stockholders' equity of $540,000 on its balance sheet dated December 31, 2016. During the year ended De
    15·1 answer
  • How is creating a report with the report wizard different from creating one with the report button?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!