A return of $102,000 (like interest) will be realized on an original investment of $200,000 over a 5 year period Determine The rate of return using simple interest The rate of return using compound interest (compounded annually), where the Future Value is $302,000 ...

Rate of Return using Simple Interest Simple interest is calcu ...

A return of $102,000 (like interest) will be realized on an original investment of $200,000 over a

Fantastic news! We've Found the answer you've been seeking!

Question:

A return of $102,000 (like interest) will be realized on an original investment of $200,000 over a 5-year period. Determine:

The rate of return using simple interest.
The rate of return using compound interest (compounded annually), where the Future Value is $302,000.

Related Book For answer-question

Modern Advanced Accounting in Canada

ISBN: 978-1259087554

8th edition

Authors: Hilton Murray, Herauf Darrell

See More Books

Posted Date: Nov 16, 2023 11:36 PM

See More Questions

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Consider Devine Fashion from S8-6. Assume that the fixed expenses assigned to each department include only direct fixed costs of the department (rather than unavoidable fixed costs as given in S8-6):...
Sunlight is observed to focus at a point 16.5 cm behind a lens. (a) What kind of lens is it? (b) What is its power in diopters?
A clock has a pendulum that performs one full swing every 1.0 s (back and forth). The object at the end of the pendulum weighs 10.0 N. What is the length of the pendulum?
A Heartland Monitor poll taken in December 2016 obtained responses from 990 adult Americans to the question How would you rate the current state of the economy? Is it excellent, good, fair, or poor?...
Ekman Company issued $1,000,000, 10-year bonds and agreed to make annual sinking fund deposits of $78,000. The deposits are made at the end of each year into an account paying 5% annual interest....
Due to the great importance that administrative accounting has gained, the general director of the company has become convinced of the advantages of direct costing in decision making. He then offers...
For SKIMS by KIM KARDASHIAN Promotional Mix and IMC Tools Identify the key marketing communication methods and specific IMC tools you will use in your marketing campaign. How will you use each of...
Discuss the three forms of equity in reward strategy and how they interrelate to each other. Which should be most important and why?
Construct a simple basic circuit in which a 6 resistor is connected in series to the battery. Hover the ammeter over a wire near the battery to measure the current. Connect a voltmeter parallel to...
Ball A is throw downward at 2 . 0 0 m / s from top of building , 7 5 . 0 m high . The ball travels straight down and hits the ground below . How much time afrer Ball A is thrown ball B be thrown...
Dunning's theory helps explain how firms try to match each other's moves in different markets to try to hold each other in check. the prevalence of imitative behavior among rivals. why a greenfield...
A ship P is moving with velocity ( 5 i 4 j ) km h - 1 and a ship Q is moving with velocity ( 3 i + 7 j ) km h - 1 . Find the direction that ship Q appears to be moving in , to an observer onship P ,...
4. Consider the following 2021 data for two firms ($ in millions): Apple Microsoft Average Current Liabilities $28,600 44,800 Cash from Operations $19,360 40,920 Expenditures on PPE $3,800 6,200...
1:You are buying a car today and will pay back $393.53 per month for 48 months. You make your first payment today. If the rate is 3.6%, how much did you borrow? 2:You will invest $200 per year. You...
How is use of the word consistent helpful in fraud reports?
Is it possible that an organization would be required to use certain aspects of the deferral method even though it reports using the restricted fund method? Explain.
A Company owns 75% of B Company and 40% of C Company. B Company owns 40% of C Company. The following information was assembled at December 31, Year 7. Additional Information: A Company purchased its...
Explain the meaning of the account "net assets invested in capital assets" and describe how it is used under the two methods of accounting for contributions.
A four-volume work is on a shelf in random order. What is the probabilty that the volumes stand in the proper order from left to right or from right to left?
There are $M$ defective items in a lot consisting of $N$ items. From this lot we select \(n(n
The numbers $1,2,3,4,5$ are written on five cards. Three cards are drawn in succession and at random from the deck; the resulting digits are written from left to right. What is the probability that...

A return of $102,000 (like interest) will be realized on an original investment of $200,000 over a

Question:

Expert Answer:

Rate of Return using Simple Interest Simple interest is calcu... View the full answer

Modern Advanced Accounting in Canada

Students also viewed these finance questions