How much percent interest rate per year would be earned

Reference no: EM131776379

Question: Engineering Economy:

The ABC Corporation has an investment opportunity that costs $125,000 and 7 years later pays a lump-sum amount of $215,000. What percent interest rate per year would be earned on this investment. Calculate your answer to the nearest one-tenth of 1%.

Reference no: EM131776379

Questions Cloud

What does the author warn regarding the concept of learning : What does the author warn regarding the concept of a learning organization? Which of following traits low in terms of being important for successful leadership?

What is the equivalent annual worth of the savings : A construction firm can achieve a $15000 cost savings in Year 1 and increasing by 10% each year for the next 5 year by upgrading some equipment.

Union-free environment vs.unionized environment : What are the basic differences, from the employer's viewpoint, in operating in a union-free environment vs. a unionized environment?

Prepare the journal entry to record the purchase of bonds : Prepare the journal entry to record the purchase of these bonds on December 31, 2008, assumingthe bonds are classified as held-to-maturity securities

How much percent interest rate per year would be earned : The ABC Corporation has an investment opportunity that costs $125,000 and 7 years later pays a lump-sum amount of $215,000.

Different types of pricing strategies and methodologies : Based on your experience or readings, discuss the different types of pricing strategies and methodologies confronted by Purchasing and Supply Management

Employees are engaged only in work related activities : Do you think it would be ethical for a business to install eBlaster to ensure that its employees are engaged only in work related activities?

Outline steps involved in recruiting the staff at new office : Prepare a 4-6 page research paper using APA style outlining the steps involved in recruiting the staff at the new office.

What are the entry methods to foreign markets : What are the entry methods to foreign markets? Assume that your choice is export. When exporting to a market some advantages and disadvantages effect.

User Account

All Pages