User Account

All Pages

Annual rate of return on the car investment

Assignment Help Finance Basics
Reference no: EM132589795

Suppose you bought a car two years ago for 23,750. Last year you fixed the engine for $3,000. Today, you are selling it for $30,000. How much was your annual rate of return on the car investment?

Reference no: EM132589795

Questions Cloud

Calculate net present value and actual rate of return : Calculate Net Present Value and Actual Rate of return for both the projects. How will you evaluate each project using these project evaluation methods?
What is the annual capital gains yield expected : What is the annual capital gains yield expected over the next year for a 15 year bond with 5.6% coupon rate paying the coupons every
Overall effectiveness of the supply chain : How does global sourcing and procurement impact the overall effectiveness of the supply chain?
What is the probability that a random positive test result : Application: Breast Mammogram X-rays - What is the probability that a random positive test result is actually correct
Annual rate of return on the car investment : Today, you are selling it for $30,000. How much was your annual rate of return on the car investment?
Determine the quarterly payment necessary to repay : Determine the quarterly payment necessary to repay a $25,500 loan if the interest is computed at a rate of 15% per year compounded quarterly.
Find out annual rate of return from trade : Today the dealer sold the car and gave you $16,500. What was your annual rate of return from this trade?
Which strategy would have the most impact on school success : Review the strategies of several peers' posters. Discuss which strategy you feel would have the most impact on school success and which strategy would have.
What amount of insurance should be taken out : What amount of insurance should be taken out so as to ensure the desired annuity?How much interest will be earned on the policy benefits over the 20-years?

Reviews

Write a Review

Finance Basics Questions & Answers

  Manufactures reproduction parts for classic cars

PonchoParts, Inc. manufactures reproduction parts for classic cars. The firm needs a computer-operated turret lathe that costs $440,000. It can borrow at 9.5%.

  Net present value (npv) method in capital budgeting

Define the Net present Value (NPV) method in capital budgeting and state the NPV decision rule.  In economic terms, what does the NPV amount represent?

  An investment offers to pay you 10000 a year for five

an investment offers to pay you 10000 a year for five years. if it costs 33520 what will be your rate of return on the

  Bond what is the value of a 1000 par value bond with annual

1. bond. what is the value of a 1000 par value bond with annual payments of ana. 11 coupon with a maturity of 20 years

  Describe the key elements of the securities markets

Describe the key elements of the securities markets

  How much will dividends per share be

If the $3 million is used to pay dividends, how much will dividends per share be? (Do not round intermediate calculations and round your answer.

  What are the three major segments of deposit funding

How are these segments changing over time? Why? What strategic impact do these changes have on the profitable operation of a bank?

  What is the maximum possible subscription price

The stock currently sells for $27 per share, and there are 2.9 million shares outstanding. What is the maximum possible subscription price

  Assume that during the period following the transaction the

describe a situation in which a financial manager might use an interestrate future. assume that during the period

  Which one of the following best describes exchange

This morning, you exchanged some U.S. dollars for Canadian dollars in preparation for that trip. Which one of the following best describes this exchange?

  Commodities with a specific well-defined harvest

What often happens to futures at the time of the crop for commodities with a specific well-defined harvest window?

  What is the amount of costly trade credit

Currently, Langley is paying the supplier the full amount due on day 45 but it is considering taking the discount paying on day 10, and replacing the trade credit with a bank loan that has a 10% annual cost.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd