Fred, our cat, just won the local feline lottery to the tune of 3000 cans of 9-Lives
Question:
Fred, our cat, just won the local feline lottery to the tune of 3000 cans of "9-Lives" cat food (assorted flavors). A local grocer offers to take the 3000 cans and in return, supply Fred with 30 cans a month for next 10 years. What rate of return, in terms of nominal annual rate, will Fred realize on this deal?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
3000 30 PA i 120 PA i 120 300030 100 Perfo...View the full answer
Answered By
Robert Mbae
I have been a professional custom essay writer for the last three years. Over that period of time, I have come to learn the value of focusing on the needs of the clients above everything else. With this knowledge, I have worked hard to become an acclaimed writer that can be trusted by the customers to handle the most important custom essays. I have the necessary educational background to handle projects up to the Ph.D. level. Among the types of projects that I've done, I can handle everything within Dissertations, Project Proposals, Research Papers, Term Papers, Essays, Annotated Bibliographies, and Literature Reviews, among others.
Concerning academic integrity, I assure you that you will receive my full and undivided attention through to the completion of every essay writing task. Additionally, I am able and willing to produce 100% custom writings with a guarantee of 0% plagiarism. With my substantial experience, I am conversant with all citation styles ranging from APA, MLA, Harvard, Chicago-Turabian, and their corresponding formatting. With all this in mind, I take it as my obligation to read and understand your instructions, which reflect on the quality of work that I deliver. In my paper writing services, I give value to every single essay order. Besides, whenever I agree to do your order, it means that I have read and reread your instructions and ensured that I have understood and interpreted them accordingly.
Communication is an essential part of a healthy working relationship. Therefore, I ensure that I provide the client with drafts way long before the deadline so that the customer can review the paper and comment. Upon completion of the paper writing service, the client has the time and right to review it and request any adjustments before releasing the payment.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
A firm offers terms of 2/10, net 30 a-What effective annual interest rate does the firm earn when a customer does not take the discount? (Use 365 days a year. Do not round intermediate calculations....
-
A manufacturer of cat food is planning to survey households in the United States to determine purchasing habits of cat owners. Among the variables to be collected are the following: i. The primary...
-
Fred Fisher is a licensed scuba diver who lives in Key Largo. He is employed full-time as an engineer. Five years ago he had been employed as a professional diver for a salvage company. While working...
-
1. Underline the word at right that best describes the client's: 2. Discuss appropriate client objectives: A. Risk B. Return Case Facts Type of mvestorInstututional; endowment Purpose Asset base...
-
Write the polynomial as the product of linear factors and list all the zeros of the function. 1. f (x) = x2 + 36 2. f (x) = x2 + 49 3. h(x) = x2 2x + 17 4. g(x) = x2 + 10x + 17
-
Jaynet spends $20,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firmone offer was for $100,000 per year, and the other was for...
-
An LBO fund is prepared to pay 3000 for operating assets if the financing is split equally between debt and equity, and 35,000 if the split is 75% debt and 25% equity. State your views.
-
Kobayashi Corporation reports in the current liability section of its statement of financial position at December 31, 2012 (its year-end), short-term obligations of $15,000,000, which includes the...
-
12:33 1 5G While studying to be a vet, Brad learns that different animals have different heart rates. This table shows the resting heart rate of a small dog: Small dog Time (minutes) Heartbeats 3 300...
-
Find the value for the function. 1) Find f(-9) when f(x) = |x|-6. 2) Find f(-x) when f(x) Find the domain of the function. 3) f(x)=2x-7 4) g(x) = X x2-25 x - 3 x-81x 5) h(x)=- 8) f(x)= For the given...
-
A mine is for sale for $240,000. It is believed the mine will produce a profit of $65,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the...
-
An apartment building in your neighborhood is for sale for $140,000. The building has four units, which are rented at $500 per month each. The tenants have long-term leases that expire in 5 years....
-
The pie charts in Figure 3.38 give the percentages of Americans in three age categories in 1990 and 2050 (projected). a. Consider the 1990 age distribution. The actual percentages for the three...
-
With two sources from book or website 1. What are some advantages and disadvantages of employing software-as-a-service (SaaS)? 2. What precautions might you take to minimize the risk of using SaaS?
-
Assume that the duration of human pregnancies can be described by a Normal model with mean 264 days and standard deviation 13 days. a) What percentage of pregnancies should last between 269 and 282...
-
With price-led costing, the price Blank______. Multiple choice question. at which a product can be sold is determined first and then a target profit is deducted to determine target cost of a product...
-
Question 3 (4 marks) Students at the school who are studying mathematics in Years 7 to 10 can receive one of three grades at the end of the year: distinction (D), credit (C) or pass (P). A regular...
-
Identify a critique of the path-goal leadership model. Multiple choice question. It considers only situational factors when examining outcomes such as satisfaction and performance. It introduces only...
-
A Study the following accounts of two companies and then answer the questions which follow. Both companies are stores selling textile goods. \section*{Required:} (a) Calculate the following ratios...
-
After Theorem 1.5 we note that multiplying a row by 0 is not allowed because that could change a solution set. Give an example of a system with solution set S0 where after multiplying a row by 0 the...
-
In Web Exercise 1 you collected and graphed the Dow Jones Industrial Average. Now go to www.forecasts .org. Click on "Stock Market Forecast" and then on "Dow Jones Industrial Average" in the left...
-
The Doraville Machinery Company is planning to expand its current spindle product line. The required machinery would cost $520,000. The building that will house the new production facility would cost...
-
An industrial engineer proposed the purchase of RFID Fixed-Asset Tracking System for the company's warehouse and weave rooms. The engineer felt that the purchase would provide a better system of...
-
The Delaware Chemical Corporation is considering investing in a new composite material. R&D engineers are investigating exotic metal-ceramic and ceramic-ceramic composites to develop materials that...
-
Data for January for Bondi Corporation and its two major business segments, North and South, appear below. Sales revenues, North Variable expenses, North $ 561,000 $ 325,500 Traceable fixed expenses,...
-
Lindon Company is the exclusive distributor for an automotive product that sells for $48.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $324,000 per year. The company plans...
-
St. Germaine Health Center provides a variety of medical services. The company is preparing its cash budget for the upcoming third quarter. The following transactions are expected to occur: (Click...
Study smarter with the SolutionInn App