Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. an investment of $40,000 yields a net annual incom

An investment of $40,000 yields a net annual income of $8,000 for 11 years. What...

90.2K

Verified Solution

Question

Finance

image

image

An investment of $40,000 yields a net annual income of $8,000 for 11 years. What is the annual interest rate of this investment? of a. 16.15% b. 17.62% C. 12.58% d. 11.10% e. 15.62% 5 What is the value of (A/G, 5.5%, 12)? a. 4.0220 it of b. 4.8663 c. 4.2326 d3.3297 e. 5.0117 An investment of $80,000 yields a net income of $10,000 per year. How many years does it take to recover the initial investment at nominal interest of 4.9% compounded semiannually? You can use the spreadsheet functions to solve this question or trial and error procedure. a. 14 b.11 c. 10 d. 13 e. 12

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

1. use back substitution to solve for x and y in the following equation: 417x + 362y...

General Management
1.2K views

Unit VI How can organizations create value by implementing an advanced information system solution paired with the...

General Management
1.2K views

Linda Grabeck did not have an athletic scholarship, there simply weren't enough scholarships to go around....

Biology
1.2K views

Neurofibromas are tumors arising from Schwann cells of the nerve sheath surrounding peripheral nerves 90...

Physics
1.2K views

2 0 kn and a 4 0 k resistor are connected in rallel this combination...

Geometry
1.2K views

How much money does an employee working for a salary of $40,000 per year get...

Calculus
1.2K views

on sells doors and is paid 650 per week plus a step commission based on...

Algebra
1.2K views

Use the information provided to sketch a possible graph for described on the provided axis...

Accounting
1.2K views

Teal Corporation is a regional company which is an SEC registrant. The corporations securities are...

Accounting
1.2K views

The City of Bemard starts the year of 2020 with the following uncestricted amounts in...

Accounting
1.2K views

Fill in the post-closing trial balance above Accounting Cycle Project FA22 Roadrunner Bookstore uses...

Accounting
1.2K views

Problem 2: The following information related to ABC Company's merchandise inventory during the month of...