Determine what was the rate of return on the investment

Assignment Help Accounting Basics
Reference no: EM132474103

problem 1: Assume that in 2018, a copper penny struck at the Philadelphia mint in 1793 was sold for $270,000. What was the rate of return on this investment? Determine what is the term rate of return ment and provide proper example for this.

Reference no: EM132474103

Questions Cloud

Determine the price of the bonds on September : The bonds mature on September 30, 2041. The market rate of interest for similar bonds was 10%. Determine the price of the bonds on September
Pulse rates were recorded for a group of students : For each set of numbers, find the mean, median and mode. Round to nearest tenth.
Calculate the amount of the required monthly payment : Don James purchased a new automobile for $14,000. Don made a cash down payment of $3,500. Calculate the amount of the required monthly payment
What is the probability that exactly one of vehicles : a. What is the probability that none of these vehicles requires warranty service?
Determine what was the rate of return on the investment : Assume that in 2018, a copper penny struck at the Philadelphia mint in 1793 was sold for $270,000. What was the rate of return on this investment
Determine the amount of joint cost : During June the joint costs of processing were $280,000. Determine the amount of joint cost allocated to each product if the physical measure method is used
Define independent and dependent variables : Define independent and dependent variables.
How many hours of overtime has mary earned : Monday, called in sick for 7 hours on Tuesday, and worked on a special project for 3 1/2 hours on Saturday. How many hours of overtime has Mary earned?
Qualitative and quantitative research : What are the key differences between qualitative and quantitative research?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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