A deposit of $100,000 is made to an investment account today. at the end of each of the next four years, $10,000 must be paid out to a beneficiary, and the account liquidated at the end of year four. if the liquidation value is $120,000 the account has earned an annual internal rate of return of?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A deposit of $100,000 is made to an investment account today. at the end of each of the next four years, $10,000 must be paid out to a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Urban Bloom, Inc.'s books show an ending cash balance of $18,000 before preparing the bank reconciliation.
Answers (1)
Ordering cost only consists of the shipping cost from supplier to customer. True or False
Answers (2)
What is the purpose of payroll taxes? O A. To provide government revenues O B. To decrease purchasing power O C. To reduce demand for harmful goods O D. To pay for specific social programs
Answers (1)
Brandon wants to purchase new furniture for his home but does not want his purchases to put him into debt. brandon loves being social and has a talent for bartending, so he decides to take a second job bartending at night.
Answers (1)
Stock Repurchases Gamma Industries has net income of $3,800,000, and it has 1,490,000 shares of common stock outstanding. The company's stock currently trades at $67 a share.
Answers (1)
New Questions in Business
If the reserve requirement was 15% and a bank customer makes a deposit of $500, the initial result would be: a. a $3,333 increase in required reserves and an $425 increase in excess reserves. be.
Answers (1)
The following standards have been established for a raw material used to make product O84: Standard quantity of the material per unit of output 8.9 meters Standard price of the material $ 19.
Answers (1)
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash.
Answers (1)
Which of the following asset accounts is increased when a receivable is collected? a. Accounts Payable b. Supplies c. Cash d. Accounts Receivable
Answers (1)
A basic premise of the National Response Framework is that response structures and resources must be able to expand rapidly to meet needs associated with a given incident. A. TRUE B. FALSE
Answers (1)