What annual rate of return did team make over the project

Assignment Help Econometrics

Reference no: EM131199012

The Office of Naval Research sponsors a contest for college students to build underwater robots that can perform a series of tasks without human intervention. The University of Florida, with its SubjuGator robot, won the $7000 first prize (and serious bragging rights) over 21 other universities. If the team spent $2000 for parts (at time 0), what annual rate of return did the team make over the project life of two years?

Reference no: EM131199012

Questions Cloud

Normal practice to form a washout valve : Why are two gate valves required in normal practice to form a washout valve?

Problem regarding the financial market practitioner : Explain and illustrate an example when a financial market practitioner (including a security analyst) would use CAPM instead of the other models mentioned above.

Briefly explain how aud is determined in the forex market : Using Demand and Supply model of exchange rate determination briefly explain how AUD is determined in the forex market, and what factors influence its fluctuations.

Explain the trade offs involved in given decision : An issue that arises when designing a welfare system is whether to make the benefits available to all low-income families with children or only to families headed by a single mother.- Explain the trade-offs involved in this decision.

What annual rate of return did team make over the project : what annual rate of return did the team make over the project life of two years?

Problem regarding the geotechnical instrumentation : Geotechnical Instrumentation is frequently employed for monitoring the condition of reclamation. Sometimes two piezometers are installed inside the same borehole. What is the reason behind this?

What extent is economic inequality fair : Read Doug's story in the Human Ecology Perspective section of your textbook. Respond to the ethical questions that follow. To what extent is economic inequality fair? Did Doug have the right to vent his anger in such a violent manner? What, if an..

How might the eitc raise an individuals overall work effort : How might the EITC raise an individual's overall work effort? - How might the EITC lower an individual's work effort?

Importance of geotextiles and sand in reclamation works : What is the importance of geotextiles and sand in reclamation works?

User Account

All Pages