What rate of interest did you earn
Problem:
Two years ago, you invested $2,650.00. Today, it is worth $3,450.00.
Required:
Question 1: What rate of interest did you earn? Explain in detail and provide all calculations.
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A firm has net working capital of $440, net fixed assets of $2,186, sales of $5,500, and current liabilities of $750. How many dollars worth of sales are generated from every $1 in total assets?
The Island Tourist Company, Inc. just paid a dividend of $3.00 per share, and that dividend is expected to grow at a constant rate of 3.00% per year in the future.
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What rate of interest did you earn? Explain in detail and provide all calculations.
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A trustworthy businessman, who has a sound reputation in importation of fruits and vegetables is looking to expand his business, but doesn't have sufficient capital.
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