Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. rate of return-annuity what is the rate of return

Rate of return-Annuity What is the rate of return on an investment of $11,918 if...

60.1K

Verified Solution

Question

Finance

image
Rate of return-Annuity What is the rate of return on an investment of $11,918 if the investor will receive $2,300 each year for the next 10 years? The rate of return on the Investment, s % (Round to two decimal places.)

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Two particles having masses 1 kg and 7 k respectively attract each other Initially they...

Physics
Q

23 Interference fringes were produced in YDSE using light of wavelength 5000 A When a...

Physics
Q

64 Thermal Properties of Matter The coefficient of linear expansion of a crystalline substance in...

Physics
Q

63 B I 441 1764 Which answer make the most since A Figure 4 Using...

Geometry
Q

In this problem you will complete the details of the proof of an if and...

Basic Math
Q

In this question, you should determine the asymptotes andUse calculus and algebraic methods to do...

Calculus
Q

9 4g 208 6 2 3 g 1 2 3 4 5 6 7 8...

Algebra
Q

Owl-Eye Radiologists (OR) does various types of diagnostic imaging. Radiologists perform tests using sophisticated equipment...

Accounting
Q

how do regular dividends policies function in both perfect and imperfect capital markets? And how...

Accounting
Q

Direct materials ( 136,89 pounds 94.89 per pound) $656,64 Direct labor ( 31,700 hours $15.10...

Accounting
Q

7. Last year, the exchange rate between the Korean won and the US dollar was...

Finance
Q

please show all workings (a) Discuss risks and returns characteristics of investing in ordinary...

Finance