Solution-What if he keeps the car for another thirty years

What if he keeps the car for another thirty years and earns

Assignment Help Finance Basics

Reference no: EM131148934

In 1972, Bob purchased a new Datsun 240Z for $3,000. Datsun later changed its name to Nissan, and the 1972 240Z became a classic. Bob kept his car in excellent condition and in 2002 could sell the car for six times what he originally paid. What was Bob's return on owning this car? What if he keeps the car for another thirty years and earns the same rate? What could he sell the car for in 2032 ?

Reference no: EM131148934

Questions Cloud

How many patients will be infected two days from now : Two weeks ago, the first patient showed up with the disease. Four days later, the disease control center in Atlanta had six confirmed cases. The scientist estimates that it will be another two days before a cure will be ready, a total of 16 days from..

Provisions is made by the due process clauses : Which of the following provisions is made by the Due Process Clauses?

Share your advice on selecting markets for new sales : A CEO of a successful US clothing store that sells men’s and women’s athletic wear is considering expanding to markets outside the USA. The company is well established in the US and most popular with teenagers and young adults between the ages of 20-..

How confident are you in your math skills : How confident are you in your math skills? If you lack confidence, what do you think you can do to improve? How do you feel about seeking help with math? Have you ever been tutored in math? How was your experience?

What if he keeps the car for another thirty years and earns : Bob kept his car in excellent condition and in 2002 could sell the car for six times what he originally paid. What was Bob's return on owning this car? What if he keeps the car for another thirty years and earns the same rate? What could he sell the ..

How would privacy issues affect relationship building : Privacy is a bigger issue online than offline versus Privacy is no different online than offline. - How would privacy issues affect relationship building.

Most unions have opposed free trade agreements : Most unions have opposed free trade agreements, such as NAFTA. On the other hand, most employer lobbying groups have supported such agreements. Is each side's viewpoint justified? Please explain.

How many arc degrees of the planet are visible to a camera : A satellite orbits Mars.- How many arc degrees of the planet are visible to a camera in the satellite?

Can one bad apple really ruin it for others : Bad Apple Teammates. Can one bad apple really ruin it for others? What form do they come in? Why do you think they are that way? What effects do they have on the human relations within a given company?

User Account

All Pages

What if he keeps the car for another thirty years and earns

Reference no: EM131148934

Reference no: EM131148934

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT