Question
1. Paz Merales found that capital investment, in millions, in the semi-conductor industry has declined from $232,600.00 to $167,280.00 in 12 years. With semi-annually compounding,
1. Paz Merales found that capital investment, in millions, in the semi-conductor industry has declined from $232,600.00 to $167,280.00 in 12 years. With semi-annually compounding, what is the annualized rate of loss/decline (CAGR)? a. -2.7283% b. -16.3699% c. -1.3549% d. 0.6915%
2.What is the future value of $194,280.00 given an interest rate of 16.00% compounded quarterly for 27 years? a. $253,164.69 b. $351,771.01 c. $13,428,538.20 d. $10,685,474.30
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
