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3 What is the return on an investment of $115 that gives $145 in one year's time? Enter your answer to 2 decimal places,
3 What is the return on an investment of $115 that gives $145 in one year's time? Enter your answer to 2 decimal places, in the form x.xx. Type your answer... 1 point Next year's sales of a product for your company will depend on the state of the economy next year, which can be normal, a recession or a boom. You estimate the probabil of a normal economy to be 0.47 and a recession to be 0.22. The sales in the three states of the economy are expected to be $700, $560 and $910, respectively. What is the expected value of sales for this product next year? Enter you answer to the nearest dollar. Type your answer.... 4 5 1 point You invest $760 today and expect to earn 7% per year. What amount would you expect to have after 7 years? Your answer must be to the nearest dollar. Type your answer... 1 point What is the discount factor when the number of periods is 7 and the interest rate is 9%? Enter your answer to 4 decimal places, in the form x.xxx. . your answer
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