picklehead7389 picklehead7389
  • 26-03-2018
  • Business
contestada

What is the rate of return on an investment of $16,278 if the company expects to receive $3,000 per year for the next 10 years?

Respuesta :

MrsTriplet MrsTriplet
  • 04-04-2018
We have to use the internal rate of return (IRR) to solve this. This will allow us to see what to ROI is by seeing the interest occurring over the next 10 years.
ROI = 13%

It's best to use excel to break down the IRR, this will allow you to keep it on track finding the values for each year up to 10 years. 
Answer Link

Otras preguntas

What are the three functions of media and how they impact American politics ?.
What was the most famous jazz club?.
What is the solution to this system of linear equations 2x 3y 3 7x 3y 24?.
Convert 195 ml to liters using unit fractions
Elvira decreased her consumption of bananas when the price of peanut butter increased. For Elvira, peanut butter and bananas areA) substitutes in consumption.B)
After working on your MakeCode Arcade program for several minutes, you want to save your progress and back up your game so that it is not lost. What should you
What are the 5 characteristics of drama?.
What process is used to make enzymes?
What are the 3 types of drinks?.
What was Frederick Douglass famous quote?.