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

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

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