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Andrew [12]
3 years ago
8

Suppose an investment offers to triple your money in 24 months (don't believe it). What rate of return per quarter are you being

offered
Business
1 answer:
Natasha2012 [34]3 years ago
8 0

Answer:

30.77%

Explanation:

Assume investment = $1

Assume mount after 24 months = $5

Number of quarters in 24 months = 24/4 = 6

Future value = P*(1+r)^n; Where P is payment, r is interest rate per period, n is number of periods

5000 = 1*(1+i)^6

1*(1+i) = 5^(1/6)

1+i = 1.30766048601

i = 1.30766048601 - 1

i = 0.30766048601

i = 30.77%

So, the rate of return per quarter being offered is 30.77%

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Outsourcing helps you:

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5) Offer staffing flexibility.

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2 years ago
Under which circumstance might you receive a tax refund from the IRS?
ruslelena [56]
D. When your total of previous payments and applicable credits is more than the tax you owe.
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3 years ago
A 10 ounce bottle of soap costs $2.00. You can buy a 20 ounce bottle for $5.00. What is TRUE about your soap purchasing options?
ddd [48]

Answer:

The TRUTH about the soap purchasing options is:

d) it is better to but the 10-ounce bottle because the price per ounce is cheaper.

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The per ounce cost of the 20-ounce bottle of soap = $0.25 ($5/20)

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8 0
3 years ago
If a company obtained a bank loan, it would record that it received a(n) revenue in exchange for a(n) liability .
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4 0
2 years ago
At Crater Valley Manufacturing, workers are encouraged to find their own solutions to problems, and to implement their solutions
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5 0
4 years ago
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