carolinekeogh5134 carolinekeogh5134
  • 12-10-2017
  • Business
contestada

An investment earns 10% the first year, earns 15% the second year, and loses 12% the third year. the total compound return over the 3 years was ______.

Respuesta :

W0lf93
W0lf93 W0lf93
  • 21-10-2017
The compound return over 3 years is 3.67%. This is found by evaluating the following expression: (1.10*1.15*0.88)^1/3 - 1 = 3.67%.
Answer Link

Otras preguntas

ok guess i got a question for ya what is 0.9% of 54
Two billion people jump up in the air at the same time with an average velocity of 7.0 m/sec. If the mass of an average person is 60 kilograms and the mass of
What is the Bohr model for beryllium
An increase in temperature of 10 degrees on the Celsius scale corresponds to an increase of how many degrees on the Fahrenheit scale
Write three possible topic sentences for each thesis.1.My country has some of the most beautiful sights you will ever see.2. Computers can be convenient, but th
How do the numerator and denominator of a fraction compare with the dividend and divisor of a division exxpression?
Ben has 15 puzzles and 27 CDs. When he takes a trip, he likes to bring one puzzle and one cd as entertainment. How many trips can he take with a different puzzl
Members of the Porifera phylum have a. no skeleton. b. an exoskeleton. c. an endoskeleton. d. either an exoskeleton or endoskeleton, depending on the species.
A skier reaches the bottom of a slope with a velocity of 12 meters per second north. If the skier comes to a complete stop in 3 seconds, what is the acceleratio
why was new Amsterdam a good location for a city