6. Calculating Rate of Return. Assume that at the beginning of the year, you purchase an investment...
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6. Calculating Rate of Return. Assume that at the beginning of the year, you purchase an investment for $4,400 that pays
$30 annual income. Also assume that the investment’s value has increased to $4,550 at the end of the year. (Obj. 2)
a. What is the rate of return for this investment?
b. Is the rate of return a positive or negative number?
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Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
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