Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help with 2,4,5 and don't know what to do with the box . Row 4 Basis Points 23 SHOW ALL YOUR CALCULATIONS FOR OS

image text in transcribedneed help with 2,4,5 and don't know what to do with the box .

Row 4 Basis Points 23 SHOW ALL YOUR CALCULATIONS FOR OS 1-5 1. You sold your car for $1,000 which had cost $1,450. How much did you lose expressed as a %? 2. You invested $1,600 in a business and your share of the net profit for year I was $100. What was your return on investment for the first year expressed as a fraction, decimal and as a %? 3. If your $100 net profit (from #2) increased 5% in year 2, what is year 2 net profit in dollars? 4. If your return on investrxent (from #2) was 5 percentage points greater in year 2, how much is it in dollars? 5. You own 1/3 of a business and decide to sell 1/5 of your investment. How much will you own after you sell 1/5 of your stake expressed as a fraction, decimal and as a %? 8/12/21 Download 1 1 View as Text 11 D 1 +

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Aha So That S What Bitcoin

Authors: Uncle Crypto ,Maggy L. Graham

1st Edition

979-8840161494

More Books

Students also viewed these Finance questions