You spend $1000 and in return receive two payments of $1094.60 one at the end of 3

Question:

You spend $1000 and in return receive two payments of $1094.60 one at the end of 3 years and the other at the end of 6 years. Calculate the resulting rate of return.

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

Step by Step Answer:

Related Book For book-img-for-question

Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

See More Books

Question Posted: May 24, 2016 07:05 AM

See More Questions

You spend $1000 and in return receive two payments of $1094.60-- one at the end of 3 years and the other at the end of 6 years. Calculate the resulting rate of return.
Stock Working Erythrocin B Tubes 1 2 3 4 5 Sunset yellow Tubes 1 2 3 4 5 Dye concentrations Erythrosin B (mm) Sunset yellow (mm) 0.9911 0.100 0.9992 0.200 Wavelenght (nm) MW (g/mol) 522 Dye volume...
You receive two sales job offers. One company offers a straight commission of 6% of sales. The other company offers a salary of $500 per week plus 3% of sales. How much would you have to sell per...
Under what circumstances can partners with passive losses from partnerships deduct their passive losses?
What is the difference between a use case description and an activity diagram?
The following reactions take place in a batch reactor: A + B ( C (desired product) B + C ( D (hazardous product) As the reaction proceeds, D builds up in the reactor and could cause an explosion if...
In a certain state lottery, people select eight numbers in advance of a random drawing of six numbers. If someone's selections include the six drawn, they receive a large prize, but this prize is...
"For the data in the Excel file Gasoline Prices do the following: a. Develop spreadsheet models for forecasting prices using simple moving average and simple exponential smoothing. b. Compare your...
On January 1, 2024, Cameron Incorporated bought 10% of the outstanding common stock of Lake Construction Company for $160 million cash, giving Cameron the ability to exercise significant influence...
Mcleavey Manufacturing has a demand for 1,000 pumps each year. The company outsources her production by ordering outside supplier, unit purchase price is 60$/ unit. Mc Leavey Manufacturing has to...
An investor purchased 100 shares of Omega common stock for $9000. He held the stock for 9 years. For the first 4 years he received annual end-of-year dividends of $800. For the next 4 years he...
A mine is for sale for $240,000. It is believed the mine will produce a profit of $65,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the...
Lasers can cool a group of atoms by slowing them down, because the slower the atoms, the lower their temperature (see Equation 17-12). A rubidium atom of mass 1.42 1025 kg and speed 212 m/s...
The force of the ruler on the ball is called an applied force. The force of the barrier on the ball is called a normal force. Both of these forces are exerted by surfaces, and the direction of force...
Design a full adder circuit to add 3 bits. A B- Cin- P Cout Camry G Ful Adder 5) Carry C Full Adder A 0 0 0 0 Carry C 1 1 1 1 Full Adder B 0 Carry 0 1 1 0 0 1 Design 4-bit adder which add two 4-bit...
Assume a system where the patients arrive at the registration desk of a clinic. The system is M/M/1 with the following input: Patient Arrival Time (in minutes) Service Time (in minutes) 1 0 2 2 3 5 2...
In the frame analysis we want to draw the moment diagram and find the Mix, the maximum moment. The frame has symmetrical lateral pressure of 425kN. Write down all the steps thank you. If data is...
Use the power spectral density P(n4f), generate stochastic processes s(mT) having this energy distribution where T is the sampling period and M the desired number of signal samples in time. This is...
Refer to the situation described in BE 516. What amount did the company borrow, assuming that the first of the five annual $10,000 payments was not due for three years? Data from in BE 5-16 A company...
How much more interest will be earned if $5000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly?
The management of Horizon Media Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: The radio station requires an investment of...
The investment committee of Mr. Bob Restaurants Inc. is evaluating two restaurant sites. The sites have different useful lives, but each requires an investment of $445,000. The estimated net cash...
Horizon Communications Inc. is considering allocating a limited amount of capital investment funds among four proposals. The amount of proposed investment, estimated income from operations, and net...
Lake Incorporated and the River, Incorporated reported net incomes of $205,000 and $164,000, respectively, for the most recent fiscal year. Both companies had 41,000 shares of common stock issued and...
What effect Eventually, BREXIT will make on EU? How it will benefit UK? What will be the possible outcome?
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price Real estate commissions Legal fees Expenses of clearing the land Expenses to...

You spend $1000 and in return receive two payments of $1094.60 one at the end of 3

Question:

Step by Step Answer:

Year Cash Flow 0 1000 3 ...View the full answer

Engineering Economic Analysis

Students also viewed these Accounting questions