Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 26, 2024

1 a) Four years ago, you bought a land at $70,000. Today you sell it at 114,133. What is the rate that you earn from

1 a) Four years ago, you bought a land at $70,000. Today you sell it at 114,133. What is the rate that you earn from this investment? *

b) How many years does it take for the investment to grow double if the interest rate is 1 per cent? *

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Financial Analytics The Path To Investment Profits

Authors: Edward E Williams, John A Dobelman

1st Edition

9813224258, 978-9813224254

More Books

Students also viewed these Finance questions

Question

★★★★★

Consider the following project for Hand Clapper, Inc. The company is considering a four-year project to manufacture clap-command garage door openers. This project requires an initial investment of $8...

Answered: 1 week ago

Question

★★★★★

Given below are the Statement of Financial Positions of H and S as at 31 Dec 20X7. H S $'000 $'000 Ordinary shares of $ 1.00 each 1000 400 Retained Earnings 300 200 1300 600 Investment in S at cost...

Answered: 1 week ago

Question

★★★★★

=+b) What is the minimin choice?

Answered: 1 week ago

Question

★★★★★

1. Create a customer profile for each CardioGood Fitness treadmill product line by developing appropriate tables and charts. 2. Write a report to be presented to the management of Car-dioGood Fitness...

Answered: 1 week ago

Question

★★★★★

Karen White helped organize a charity fund to help cover the medical expenses of a friend of hers who was seriously injuted in a bicycle accident. The fund was named Vicky Hill Recovery Fund (VHRF),...

Answered: 1 week ago

Question

★★★★★

The United Nations Sustainable Development Goals (SDGs) are a set of 17 goals aimed at creating a more sustainable and equitable world by 2030. This assignment asks you to develop a system or product...

Answered: 1 week ago

Question

★★★★★

Imperial Jewelers manufactures and sells a gold bracelet for $189.95. The company's accounting system says that the unit product cost for this bracelet is $149.00 as shown below: Direct materials...

Answered: 1 week ago

Question

★★★★★

What are domestic and/or international attention due to Parkes Elvis festival media coverage?

Answered: 1 week ago

Question

★★★★★

2) Draw the Mohr's circle diagram, find the principal stresses (i.e., normal and shear), and determine the angle from the x-axis to the direction of the first principle stress 1. x = 6 MPa, y = -5...

Answered: 1 week ago

Question

★★★★★

For the beam shown, find the reactions at the supports and plot the shear-force and bending-moment diagrams. V=9 kN, V2= 9 kN, V3=200 mm, and V4 = 1100 mm. Provide values at all key points shown in...

Answered: 1 week ago

Question

★★★★★

F | Pic 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Chrome File Edit View History Gmail Uplo X W YouTube Ade X 1 = Adeyemi Case Narrative.pdf 2 Maps Bookmarks Profiles Tab Window Ade X...

Answered: 1 week ago

Question

★★★★★

=+c. Find or create a visual.

Answered: 1 week ago

Question

★★★★★

=+Cereality is a restaurant chain that primarily serves custom-designed cereals and toppings. Check out www.cereality.com for more details. Be sure to

Answered: 1 week ago

Question

★★★★★

1 Self- managing teams are semi- autonomous and have areas of freedom and areas of constraint. What are the advantages and disadvantages of limiting the degree of freedom that teams have? Autonomous...

Answered: 1 week ago

Previous Question Next Question