Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. waterway industries earns 11% on an investment tha

Waterway Industries earns 11% on an investment that pays back $92,000 at the end of...

90.2K

Verified Solution

Question

Accounting

Waterway Industries earns 11% on an investment that pays back $92,000 at the end of each of the next 6 years. Click here to view the factor table 1. Table 2 Table 3 Table 4 What is the amount Waterway Industries invested to earn the 11% rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.25471. Round answer to 2 decimal places, e.g. 25.25.) Waterway Industries invested $.
image
Waterway Industries earns 11% on an investment that pays back $92,000 at the end of each of the next 6 years. Click here to view the factor table 1. Table 2 Table 3 Table 4 What is the amount Waterway Industries invested to earn the 11% rate of return? (For calculation purposes, use 5 decimal ploces as displayed in the factor table provided, e.s. 5.25471. Round answer to 2 decimal places, e.s. 25.25.) Waterway Industries invested $

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

How can it be that despite the existence of corporate governanceprinciples the Global Financial...

Accounting
Q

A psychologist wants to determine whether speaking more than one language fluently has cognitive benefits. They...

Statistics
Q

A population of capelin, a small forage fish, in the Arctic ocean displays two types of...

Biology
Q

Give a brief description of the diaphragm box, how it works and its common types.

Electrical Engineering
Q

2. What is the difference between the direct approach and the indirect approach to writing? Give...

Psychology
Q

ural selection changes allele frequencies because some reproduce more successfully than others Oloci individuals gene...

Biology
Q

Koch s postulates are Select one O A a guide that individuals should follow to...

Biology
Q

EXAMPLE 5 3 A 2000 V 3 phase star connected synchronous motor has an effective...

Physics
Q

Given f (x) = x + 2x - 7 and g(x) = 2x + 2,...

Basic Math
Q

Find the solutions by factoring. Choose all that apply.x + 4x = 12Select one or...

Algebra
Q

Description of transaction December 1: Sundeep Kaur made an investment in Byte of Accounting, Inc.,...

Accounting
Q

* T Troy University- Two Supreme-Page ebook QO EC2013 Show Me How Calculator Earnings per...

Accounting